5920 Main St Ste A Farmington, NM 87402-3094
Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Financial Advisor
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Loan Service Bank
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Loan Service Bank
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Loan Service Bank
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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