1817-1825 SCHOFIELD Lane

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1817-1825 SCHOFIELD Lane

Farmington, NM 87401
Asking Price
$275K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel located at 1817-1825 Schofield Lane in Farmington.
  • The property is currently listed for sale at a price of $275,000.
  • Farmington serves as a key economic hub for the Four Corners region.
  • The site supports various commercial or light industrial development project types.
  • This location offers proximity to regional transit routes and business services.

What's Special

This commercial land offering at 1817-1825 Schofield Lane in Farmington consists of a site prime for development. Situated within the industrial and commercial fabric of San Juan County, the property benefits from the regional economic activity anchored by the energy and healthcare sectors. Farmington serves as a primary trade hub for the Four Corners area, providing a steady flow of commerce and accessibility for businesses looking to establish a footprint in this growing market. The parcel is well-positioned for investors or developers seeking to capitalize on local demand for commercial space. Potential use cases for this site include the construction of professional offices, light industrial facilities, or retail services designed to support the local workforce and surrounding residential community. Its strategic placement within New Mexico's robust landscape offers clear potential for those looking to expand their real estate portfolio in a well-established submarket.

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NOI
$80,000
Cap Rate
29.09%
DSCR
4.90
Strong
Cash-on-Cash
77.18%
Monthly Payment
$1,360.55
Annual Cash Flow
$63,673.401

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