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    FOR LEASE
    Showrooms

    2632 East Main St, Farmington, NM 87401

    24,114 SF 1.54 ac lot Built 1961
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US61-0398373
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 2632 E Main St in Farmington, NM, presents a unique investment opportunity. The 1.54-acre lot boasts a prime location at the signalized intersection of E Main St and Hutton, offering excellent visibility and accessibility. With a combined daily traffic count exceeding 30,000 vehicles, this hard corner location ensures high exposure for any business. The property features 1,500-10,000 square feet of vacant space, adaptable to various configurations, including a potential drive-thru. The building is zoned GC/Single-Family, providing flexibility for future development. Situated in a thriving retail corridor with numerous national and local businesses, this property benefits from a strong established customer base. Farmington's strategic location on the outskirts of the Navajo Nation, the largest federally recognized tribe in the United States, with a significant portion of its population residing in New Mexico, contributes to a robust and diverse market. The city boasts a population of 46,422, with a trade area population of 120,418, creating a substantial potential customer base. This rare infill location offers an unparalleled opportunity to establish a successful business in a high-demand area. The asking price is $1,350,000.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1961
    Total area 24,114 SF
    Lot 1.54 ac (67,039 SF)
    APN 2074172141290
    UPID US61-0398373
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    36n 108w Nw LLC · 1 yrs held
    36n 108w Nw LLC
    since 2025
    1 recorded transaction
    2025
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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