2941 MainFarmington, NM 87402

Off market
$8,916,640 Estimated
  • Retail space
  • 9,840 SF

Property Details for 2941 Main

Year built
1983
Lot size
0.89 AC
Property size (Sq ft)
9,840 SF
Property type
Retail space
APN
2073172516364
APU
2073172516364

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,721,324
    6.5%
    $2,511,992
    7%
    $2,332,564
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,496,336
    Geo Method
    $2,048,712
  • Alternative Use

    Use
    Valuation
    Residential
    $2,118,959
    Hospitality
    $1,940,955
    Educational
    $1,614,852
    Medical
    $1,670,389
    Retail
    $2,511,992
2941 Main, Farmington, New Mexico

Location Insight

City
Farmington
County
San Juan
State
New Mexico
Latitude
36.7435
Longitude
-108.166
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
$7,158
-
-
$264,657
-
-
-
$793,973

FAQs

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