5920 Main St Ste A, Farmington, NM 87402-3094
This exceptional 0.94-acre commercial land parcel, located at 5920 E Main Street in Farmington, New Mexico, presents a unique investment opportunity. Priced at $900,000, this property boasts a 5,389 square foot building constructed in 2008, ideally suited for a variety of commercial uses. Its strategic corner lot location on East Main Street ensures maximum visibility and accessibility, benefiting from high traffic volume. The property features a paved parking lot and convenient access to city utilities, including three HVAC units. The building's modern design and contemporary structure offer significant flexibility for diverse commercial ventures, from retail spaces to offices. Its advantageous location near a mortgage company and a liquor store further enhances its appeal and potential for success. The property is zoned for general commercial use, providing ample opportunity for a wide range of businesses. This is a rare chance to acquire a well-situated, high-visibility commercial property in a thriving area of Farmington, New Mexico. The zip code is 87402.
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Ironbridge Wealth Counsel Financial Advisor
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Alex Elliott NMLS 2080468 | Major Mortgage - CrossCountry Mortgage Loan Service Bank
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Kathi Giguere NMLS 369271 | Major Mortgage - CrossCountry Mortgage Loan Service Bank
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Major Mortgage Loan Service Bank
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.