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    Property profile & analytics

    422 Main St Farmington, NM 87401-8425

    • Retail space
    • 10,860 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 15, 2020
    Location Intelligence
    Property ID
    US61-0485384
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Arroyo Trading Co / Picture Frame Shop / Variety Store
    • Wal Art Gallery / Picture Frame Shop / Engraver

    Property Details for 422 Main St

    Year built
    1960
    Lot size
    0.43 lot acres
    Property size
    10,860 SF
    Property type
    Retail space
    APN
    2076171230360
    APU
    2076171230360

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.21
    Latitude
    36.7293
    CBSA code
    22140
    CBSA name
    FARMINGTON, NM METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,945
    $0.00
    $0.00
    $145,877
    -
    $0.00
    $0.00
    $437,630

    Comparable in this City

    • Value Estimation by Request
      3,250 SF

      1900 Schofield Ln

      RETAIL STORES (PERSONAL SERVICES) • 3,250 SF
      1900 Schofield Ln, Farmington, NM 87401-2513
      View Details
    • Value Estimation by Request
      630 SF

      1825 Schofield Ln

      RETAIL STORES (PERSONAL SERVICES) • 630 SF
      1825 Schofield Ln, Farmington, NM 87401-2510
      View Details
    • Value Estimation by Request
      2,400 SF

      1701 Schofield Ln

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      1701 Schofield Ln, Farmington, NM 87401-2508
      View Details
    • Value Estimation by Request
      1,626 SF

      5833 Us 64

      RETAIL STORES (PERSONAL SERVICES) • 1,626 SF
      5833 Us 64, Farmington, NM 87401-1555
      View Details
    • Value Estimation by Request
      5,000 SF

      910 San Juan Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      910 San Juan Blvd, Farmington, NM 87401-2722
      View Details
    • Value Estimation by Request
      1,080 SF

      2501 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,080 SF
      2501 Main St, Farmington, NM 87401-7723
      View Details

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    Similar Nearby for Lease

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    • $60,000
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    422 Main St
    Farmington, NM 87401-8425
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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