Property summary
This exceptional commercial land parcel, located at 2844 E MAIN Street in Farmington, New Mexico, presents a unique investment opportunity. The property encompasses a sizable 2,700 square foot lot, ideal for a variety of commercial ventures. Its single-tenant designation offers streamlined management and potential for long-term lease agreements. The property's address, 2844 E MAIN Street, places it in a strategic location within Farmington, offering excellent visibility and accessibility. The zip code is 87401. The land is classified as commercial property and is suitable for development tailored to the specific needs of a single commercial tenant. Given its size and location, this property is well-suited for businesses requiring ample space and convenient access. The absence of existing structures allows for complete customization of the development, maximizing the potential return on investment. This presents a blank canvas for a developer to create a property perfectly aligned with their vision and market demands. The property's single-tenant nature simplifies management and reduces the complexities often associated with multi-tenant properties. This makes it an attractive option for investors seeking a low-maintenance, high-yield investment. Serious inquiries are encouraged to explore the full potential of this prime Farmington commercial land.
Property profile
VerifiedCap rate & NOI
Current use
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Mobile Phone Store Electronics & Wireless Store
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Recycling Center Waste Management Facility
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Courier Service Postal Service
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Medical Clinic
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Nail Salon
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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