760 S MILLER Avenue

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760 S MILLER Avenue

Farmington, NM 87401
Asking Price
$180K
Asset Type
Warehouse Land
Class
Class B

AI Property Summary

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

  • Industrial land parcel located in Farmington, New Mexico
  • Site spans exactly one acre of developable land
  • Property is designated for warehouse development use
  • Listed for sale at an asking price of $180,000
  • Strategic location serves the broader Four Corners economy

What's Special

Farmington serves as a primary commercial and industrial hub for the Four Corners region, benefiting from its strategic position near major energy and transportation routes. This one-acre parcel at 760 S Miller Avenue offers a clear development site for those seeking to establish a presence within this active industrial submarket. The property is designated for warehouse use, providing a functional footprint for businesses requiring space for logistics, equipment storage, or light manufacturing operations. Prospective owners may leverage the existing zoning to construct a warehouse facility tailored to specific operational requirements. The site benefits from its proximity to regional arterial roads, facilitating efficient transport of goods and materials throughout the metropolitan area. Investors and business owners looking for accessible industrial land in northwestern New Mexico will find this location well-suited for long-term growth and utility.

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NOI
$80,000
Cap Rate
44.44%
DSCR
7.49
Strong
Cash-on-Cash
128.36%
Monthly Payment
$890.542
Annual Cash Flow
$69,313.499

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