1603 Main St SteFarmington, NM 87401

  • Other commercial real estate
  • 2,025 SF
Off market
$155,992 Estimated

Property Details for 1603 Main St Ste

Year built
2007
Lot size
0.69 AC
Property size (Sq ft)
2,025 SF
Property type
Other commercial real estate
Property subtype
Showrooms
APN
2077171307433
APU
2077171307433

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $560,029
    6.5%
    $516,949
    7%
    $480,024
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,131,106
    Geo Method
    $421,610
  • Alternative Use

    Use
    Valuation
    Residential
    $436,066
    Hospitality
    $399,434
    Educational
    $332,325
    Medical
    $343,754
    Retail
    $516,949
1603 Main St Ste, Farmington, New Mexico

Location Insight

City
Farmington
County
San Juan
State
New Mexico
Latitude
36.7311
Longitude
-108.231
CBSA code
22140
CBSA name
FARMINGTON, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed value
    $128,919
  • Tax year
    2023
  • Tax bill
    $3,487

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