$525,000

720 E Main St Farmington, NM 87401

Estimated payment $3,119/month

2.87 Acres
$182,927 Price per Acre
125,017 Sq Ft Lot

About This Lot

Prime 2.87-acre level commercial lot with East Main Street frontage, ideally located near downtown Farmington, NM! This versatile property offers unparalleled exposure for any business venture, with utilities conveniently on-site for a seamless development experience. The strategic location and high visibility make this lot a fantastic investment opportunity for retail, office, or mixed-use purposes. Don't miss out on this premium location with endless potential for growth and success in a thriving area.

Listing Agent

Allen Elmore

Exp Realty, LLC License #53691 Listed on: 05/19/2026

Exp Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,822

Lot Details

  • 2.87 Acre Lot

Parking

  • Driveway
  • Open Parking

Utilities

  • Natural Gas Not Available
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 2075171143521

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Nearby Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$3,822

Lot Details

2.87 Acres

Listing Details

  • Directions: On N Side of Main East of Butler.
  • Reso Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: City Street
  • Road Surface Type: Blacktop
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 2.87
  • Topography: Cleared,Level

Garage/Parking

  • Open Parking: Yes

Utilities

  • Utilities: Natural Gas Not Available, Electricity Connected, Sewer Available, Water Available
  • Electric: Near-Site, On-Site
  • Gas: Near-Site, On-Site
  • Sewer: Public Sewer, City, Near-Site, On-Site
  • Electricity On Property: Yes
  • Water Source: Public, City, Near-Site, On-Site

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 125017.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 2075171143521
  • Irrigation Water Rights: No

Tax Info

  • Year: 2026
  • Tax Annual Amount: 3822.32

Multi Family

  • Building Area Units: Square Feet

Map

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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,769 $66,123 $0 $0
2024 $1,769 $66,123 $0 $0
2023 $1,784 $66,123 $0 $0
2022 $1,796 $66,123 $0 $0
2021 $1,795 $66,123 $0 $0
2020 $1,796 $66,123 $0 $0
2019 $1,794 $66,123 $0 $0
2018 $1,794 $66,115 $0 $0
2017 $1,793 $100,645 $0 $0
2016 $2,726 $97,328 $0 $0
2015 $2,730 $97,328 $0 $0
2014 $2,639 $100,234 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2026 05/19/26 For Sale $525,000 0.0% --
01/05/2026 01/05/26 Price Changed $525,000 +31.3% --
02/12/2025 02/12/25 For Sale $400,000 -- --
Source: New Mexico MLS

About the Listing Agent

Allen Elmore

Exp Realty, LLC

(505) 498-2322

Section Image

NOW SERVING NW NEW MEXICO AND SW COLORADO!

After 25 years in the advertising and marketing industry, Allen Elmore founded AE Properties Team, and has focused his efforts on helping people buy and sell property with one guiding principle: The Platinum Rule (Treat Others How THEY Want To Be Treated).

Allen has managed 3 weekly advertising publications, a women’s health magazine, a car magazine, and a marketing company that focused on political campaigns, branding campaigns, and

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Source: New Mexico MLS

MLS Number: 20262968

New Mexico MLS

APN: 0031243

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