You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
FOR LEASE
Strip malls

3501 E Main St Farmington, NM 87402

30,480 SF 3.76 ac lot Built 1984
Entity Owned 15-yr Hold ~ Est. High Equity
Property ID
US61-0399718
Property summary
AI-generated overview

This exceptional commercial land parcel, located at 3501 E MAIN Street in Farmington, New Mexico, presents a unique investment opportunity. The property boasts a sizable 6,033 square foot lot, ideal for a variety of commercial developments. Its single-tenant designation offers flexibility and control for potential buyers. The property's address is conveniently situated at 3501 E MAIN Street, in the 87402 zip code of Farmington, NM. The location offers excellent visibility and accessibility, making it an attractive site for businesses seeking a prominent presence in the area. Given the size and zoning (information not provided), this lot is suitable for a range of commercial uses, from retail establishments to light industrial operations. The property is ready for development, presenting a blank canvas for a prospective buyer to create a tailored commercial space. Further due diligence is recommended to confirm zoning regulations and permitted uses. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving New Mexico community. The geographic coordinates are 36.7498292 latitude and -108.1583394 longitude. Serious inquiries are encouraged.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Total area 30,480 SF
Lot 3.76 ac (163,568 SF)
APN 2073173288065
UPID US61-0399718
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
Current use
Occupant on record · Public records
  • George Gandy Insurance Insurance Agency
  • Middle fork square Restaurant
  • Pronto DMV Department Of Motor Vehicles
  • Farmington Motor Vehicle Division Department Of Motor Vehicles
  • The Forge Barbershop Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Middle Fork Square LLC · 15 yrs held
Middle Fork Square LLC
since 2011
1 recorded transaction
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message