503 N Auburn Ave Farmington, NM 87401
Property profile & analytics
503 N Auburn Ave Farmington, NM 87401
- Office properties & Spaces
- 2,571 SF
- 1.48 lot acres
Property ID
US61-0499524
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.
Location Intelligence
Current Use by Public Records
- Miller Carol W / Physician
Property Details for 503 N Auburn Ave
- Year built
- 1910
- Lot size
- 1.48 lot acres
- Property size
- 2,571 SF
- Property type
- Office properties & Spaces
- APN
- 2076172273012
- APU
- 2076172273012
Description
This exceptional 43,560 square foot commercial land parcel, located at 503 N Auburn Avenue in Farmington, New Mexico, presents a unique investment opportunity. Priced at $375,000, the property boasts a substantial lot size of 1.86 acres (43,560 sq ft), offering ample space for development or expansion. The property's rich history includes previous uses as a doctor's office and a real estate office, showcasing its adaptability to various commercial ventures. The existing building features a spacious layout encompassing 7-8 offices, 1-2 waiting rooms, a reception area, a kitchen, a storage/IT room, and two handicap-accessible restrooms. Modern conveniences include forced-air heating, two refrigerated air conditioning units, and a security system. Accessibility is enhanced by a ramped side entrance. The property also benefits from abundant parking and well-irrigated grounds. Situated on a prominent corner lot in a well-established area of Farmington (zip code 87401), this property offers significant potential for a variety of commercial uses. The location within San Juan County, New Mexico, provides easy access to local amenities and transportation routes. This is a rare opportunity to acquire a versatile commercial property with significant potential in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- San Juan
- State
- New Mexico
- Longitude
- -108.211
- Latitude
- 36.7343
- 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
$2,326
$0.00
$0.00
$86,002
-
$0.00
$0.00
$258,006
