2203 Main StFarmington, NM 87401
- Distribution centers
- 17,790 SF
Property Details for 2203 Main St
- Year built
- 1974
- Lot size
- 1.06 AC
- Property size (Sq ft)
- 17,790 SF
- Property type
- Distribution centers
- APN
- 2077171480413
- APU
- 2077171480413
Description
This exceptional 1.89-acre commercial land parcel, located at 2203 W Main St, Farmington, NM 87401, presents a unique ground lease opportunity in the desirable Four Corners submarket. The property boasts 82,328 square feet of land with 164 feet of frontage, ideal for a variety of commercial developments. Zoned for General Commercial use, this site offers significant potential for retail or pad site development. The property's location within the Farmington submarket cluster ensures high visibility and accessibility. The site includes an existing ±17,790 square foot warehouse building with freezer/cooler areas situated on approximately 1.06 acres. An additional ±0.83 acre parcel directly adjacent to the east provides ample space for yard area, truck court, or expansion. This combined offering presents a rare opportunity to acquire a substantial land holding in a thriving commercial area. The single-tenant nature of the existing warehouse provides flexibility for future development plans. This property is perfect for businesses seeking a strategic location with excellent access and ample space for growth. The property's location in Farmington, New Mexico, offers a strong local market and convenient access to regional transportation networks. Serious inquiries are encouraged to explore the possibilities of this prime commercial land offering.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,830,922
- Hospitality
- $3,509,104
- Educational
- $2,919,534
- Medical
- $3,019,941
- Retail
- $4,541,497
Location Insight
- City
- Farmington
- County
- San Juan
- State
- New Mexico
- Latitude
- 36.7309
- Longitude
- -108.237
- CBSA code
- 22140
- CBSA name
- FARMINGTON, NM METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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