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Priced at $299,900, this commercial land parcel located at 1503 Schofield Lane in Farmington, New Mexico, provides an accessible development site for various business ventures. The property sits within a region recognized for its connection to the energy sector and diversified regional commerce, serving as a hub for the Four Corners area. Its location allows for potential utilization in retail, service-oriented commercial developments, or specialized industrial support operations common to the Farmington market. Investors and developers can capitalize on the strategic positioning of this site to cater to the needs of the surrounding community. The dimensions and zoning suitability of this land make it a practical selection for those seeking to establish a permanent presence in a growing suburban market within the metro area. Whether planning a new build or looking to secure a foothold in the local commercial landscape, this parcel offers the foundational space required for professional site planning and future commercial operations.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.