2100 Hutton AveFarmington, NM 87402

Property Details for 2100 Hutton Ave

Year built

1985

Lot size

0.25 AC

Property size (Sq ft)

1,344 SF

Property type

Medical offices

Property subtype

Medical space

APN

2074173112045

APU

2074173112045

Description

This exceptional 1,344 square foot commercial building, situated on a 0.25-acre lot at 2100 N Hutton Avenue in Farmington, New Mexico, presents a unique investment opportunity. Previously configured as a dental office, the property has undergone a complete renovation, resulting in a modern and functional space ready for immediate occupancy. The layout is highly adaptable, featuring a welcoming reception area ideal for client interaction, along with several private offices or consultation rooms, providing ample flexibility for a variety of professional uses. The building's modern upgrades ensure a comfortable and efficient work environment. Its prime location in a high-demand area of Farmington offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a well-established presence. The asking price of $325,000 represents exceptional value for a move-in ready commercial property of this caliber in this desirable location. The property is perfectly suited for a wide range of professional services, offering a blend of functionality, modern aesthetics, and a strategic location. This is a rare opportunity to acquire a fully renovated commercial building in a thriving market. Don't miss out on this chance to own your own building and establish your business in a prime Farmington location.

• CAP approach

  CAP return

  Valuation

  6%

  $286,566

  6.5%

  $264,523

  7%

  $245,628

• Comparable approach

  Method

  Valuation

  Relative Method

  $297,904

  Geo Method

  $111,041

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $530,690

  Retail / Commercial

  $270,196

  Mixed-Use / Specialty

  $267,705

  Hospitality / Lodging

  $194,417

  Institutional / Educational

  $277,759

  Residential Income

  $324,978

  Multifamily

  $398,232

  Automotive / Energy

  $238,079

  Parking / Income-Based Land

  $83,667.90

  Restaurant / Food Service

  $135,974

  Healthcare / Senior Housing

  $276,093

Location Insight

City

Farmington

County

San Juan

State

New Mexico

Latitude

36.7494

Longitude

-108.17

CBSA code

22140

CBSA name

FARMINGTON, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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