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Property profile & analytics
OFF-MARKET
Strip malls

4301 Largo St Farmington, NM 87402-8619

10,569 SF 0.52 ac lot Built 2005
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US61-0398899
Property summary
AI-generated overview

This exceptional commercial land parcel, located at 4301 LARGO Street in Farmington, New Mexico, presents a unique investment opportunity. The property boasts a total lot size of 900 square feet and is designated for single-tenant occupancy. Its ideal location in Farmington, zip code 87402, offers excellent accessibility and visibility. The property is classified as commercial land, providing a blank canvas for development tailored to specific business needs. With its straightforward single-tenant configuration, this property simplifies management and operational complexities. The address is 4301 LARGO Street, situated at latitude 36.7612776 and longitude -108.1538921. This presents a rare chance to acquire a strategically positioned commercial lot in a thriving New Mexico market. The property's size makes it suitable for a variety of commercial ventures, from small retail spaces to specialized service businesses. Given its single-tenant nature, potential buyers can expect streamlined operations and straightforward lease management. The property's location in Farmington offers access to a robust local economy and a diverse customer base. This is an excellent opportunity for investors seeking a straightforward, manageable commercial property in a desirable location. The absence of existing structures allows for complete customization to meet specific business requirements. Serious inquiries are encouraged to explore the potential of this valuable commercial land parcel.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 10,569 SF
Lot 0.52 ac (22,521 SF)
APN 2073173157483
UPID US61-0398899
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
  • Farmington House of Prayer Church Mosque
  • United States Government Military Recruiting Office
  • Home Helpers Home Health Care Service
  • Tony & Co. Styling Salon Hair Salon Nail Salon
  • Shear Beauty Salon Hair Salon
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
Rene O Sanchez · 2 yrs held
Rene O Sanchez
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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