Catylist ID:
#30388776
ELEGANT SPACE IN FARMINGTON
Office
for Sale
Also listed as Special Purpose, Retail-Commercial
| Catylist Listing ID: | 30388776 |
| Property Subtypes: | Governmental, Institutional, Medical, Mixed Use, Office Building, Research & Development |
| Building Size (RSF): | 15,698 SF |
| Gross Building Area: | 16,524 SF |
| Gross Land Area: | 1.20 Acres |
| Sale Price: | $2,490,000 |
| Unit Price: | $158.62 PSF |
| Property Use Type: | Investment, Vacant/Owner-User |
| Building Name: | The King Building |
| Class of Space: | Class A |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 7/24/2021 |
Overview / Comments
|
The property also is available for lease. This elegantly designed new, never occupied office building of approximately 16,524 square feet on about 1.20 acres of commercially zoned land in Farmington, New Mexico has purposefully been retained in cold shell shape awaiting finishing to an owner’s specifications by the builder/contractor. The new owner will be able to arrange the spaces to the owner’s needs and wants. The site includes 68 parking spaces plus ADA spaces which can be accessed from two different directions. The Central Vestibule space includes about 5,600 square feet canopied by 18-foot ceiling height to the bottom of the trusses. The remaining spaces of 10,924 square feet to be arranged as desired by the owner include ceiling heights of twelve feet. Two second story units at opposite ends of the building are about 1,500 square feet each and may be used for a variety of purposes. The RSF (Rentable Square Feet) is only an estimate because of the current cold shell configuration. Features include tongue-and-groove paneling, a storm drainage system, an 8-inch sewer main, a site selected location for a pylon sign, easy access clean-outs for the sewer system. Potential users include a variety of businesses, as well as schools, charter schools, churches, medical and hospital facilities, and government offices. The contractor/owner is prepared to negotiate a build-out with the new owner. |
Attachments & Media
Additional Details
| Nearest MSA: | Farmington |
| County: | San Juan |
| Tax ID/APN: | R4008977 |
| Zoning: | C-1 |
| Property Located Between: | East 20th and East 21st Street near Intersection of Sullivan Avenue |
| Property Visibility: | Excellent |
| Highway Access: | Just north of Main Street with access to Highway 64 which in turn leads to US Highway 550 south to Albuquerque. |
| Airports: | Four Corners Regional Airport |
| Site Description: | Flat. Street access from two directions. |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Year Built: | 2018 |
| Roof Type: | Other |
| Construction/Siding: | Stucco |
| Exterior Description: | Modern. Large parking area with storm sewer drainage. |
| Parking Type: | Surface |
| Parking Description: | 68 parking spaces plus 2 ADA spaces. |
| Total Parking Spaces: | 68 |
| Sprinklers: | Wet |
| Heat Type: | Electricity, Natural Gas |
| Heat Source: | Other |
| Air Conditioning: | Other |
| Zoning Description: | C-1 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Utilities |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 13,119 | 37,303 | 52,802 |
| Median Age: | 33.09 | 34.24 | 33.7 |
| Households: | 5,265 | 13,895 | 18,770 |
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