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4917 Main St Ste B Farmington, NM 87402-8612

OFF-MARKET Retail space Google Maps
7,680 SF 0.47 ac lot Built 2002
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$605k
Range $545k – $666k (±10%)
Property ID US61-0430426

Property summary

AI-generated overview

This exceptional retail opportunity presents 4,502 square feet of space within the bustling Four Corners Marketplace in San Juan County. Located in the heart of the Four Corners area, this multi-tenant property boasts a prime location adjacent to a regional mall, ensuring high visibility and foot traffic. The property is anchored by a major Albertsons Grocery Warehouse, further enhancing its appeal and drawing a consistent stream of customers. This strategic positioning allows businesses to tap into a vast trade area spanning over 80 miles, providing access to a substantial customer base. The available space is ideal for a restaurant or similar high-traffic business seeking a prominent location within a thriving commercial center. The property's location within the Four Corners Marketplace offers significant advantages, including shared parking and established infrastructure. This is a rare opportunity to establish a presence in a high-demand retail area with strong anchor tenants and a proven track record of success. The expansive trade area ensures a wide reach for any business operating from this location, making it an attractive investment for those seeking significant market penetration. This space offers a unique chance to capitalize on the high volume of traffic generated by the surrounding businesses and the overall vibrancy of the Four Corners area. Serious inquiries are encouraged to explore this exceptional retail opportunity.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2002
Total area 7,680 SF
Lot 0.47 ac (20,473 SF)
APN 2072174451145
UPID US61-0430426

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
  • Insurance Agency
  • Grocery & Convenience Store Specialty Food Shop
  • Loan Service
  • Mobile Phone Store Electronics & Wireless Store
  • Insurance Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$605k

Owner & transaction history

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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