Property profile

305 20th St Farmington, NM 87401

OFF-MARKET
Other individual retail properties
Property ID
US61-0941296
2,148 SF 0.46 ac lot Built 1972
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

Commercial property located in Farmington, New Mexico (San Juan County) on a 0.46-acre lot with approximately 2,148 square feet of building area. Zoning is Local Neighbor Com. The interior configuration has been prepared for a hair salon and includes extensive electrical power and plumbing infrastructure to support salon and other professional or service-oriented uses. The floor plan is designed to allow multiple occupants or services within the same building. The property includes a large, easily accessible parking lot suitable for client and staff parking, and features low-maintenance Southwestern-style landscaping. The property is situated in a high-traffic, high-visibility area.

Property profile

Verified
Property type Other individual retail properties
Use group BARBER, HAIR SALON
Year built 1972
Total area 2,148 SF
Lot 0.46 ac (20,038 SF)
APN 2075172497522
UPID US61-0941296

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon

Location

305 20th St Farmington, NM 87401-2101
Farmington metro Census 302 FARMINGTON, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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