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Listed by Sam R Todd RE/MAX of Farmington
$ 400,000
Est. payment | /mo
43,560 SqFt
$ 400,000
Est. payment | /mo
43,560 SqFt
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 43,560 sqft
Price per Sqft $9
Subdivision Iles
MLS Listing ID 25-1585
Lot Size 1.000 Acres
Acres 1.0
Source San Juan County Board of REALTORS®
Property Description
Unique land opportunity, consisting of three parcels totaling approximately 1.551 acres. The property has been rezoned for high-density multi-family use, making it well-suited for developers or investors seeking to build in an established, high-demand area. The site is situated within a high-density corridor and offers utilities available at the property, providing a solid foundation for future development. A dilapidated residence currently exists on the property; however, no monetary value is attributed to the structure, and the sale is based solely on the land value and development potential. With favorable zoning, multiple parcels included, and a central location, this property presents an excellent opportunity for multi-family housing or related development in the Farmington market.
Location
State NM
County San Juan
Area 4K
Exterior
Present Use Commercial
Garage No
Building
Water Public
Others
Pets Allowed No
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150 Washington Ave, Ste 201, Santa Fe, New Mexico, 87501, USA