2203 Main StFarmington, NM 87401

  • Distribution centers
  • 17,790 SF
For Lease
$6/SF/YR View listing

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
2203 Main St, Farmington, New Mexico

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

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
$3,250
-
-
$120,182
-
-
-
$360,544

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].