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Lot/land
  • Price cut: $20K (7/22)
    $330,000

    1305 S Carlton Ave, Farmington, NM 87401

    --beds
    0baths
    5.47Acres
    Unimproved Land
    Built in ----
    5.47 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Rare opportunity to acquire 5.47 acres +/- of versatile land zoned for multifamily use, offering outstanding flexibility for builders, developers and investors. This property supports a wide range of development options - from duplexes to larger apartment complexes, a tiny home, single-wide or double-wide mobile home park. There is also ample room for subdivision and the creation of custom residential homes. Conveniently located next to Sycamore Park and near local schools, hospitals and essential amenities, this property combines accessibility with long-term growth potential. Valuable irrigation water rights are available, adding significant appeal and functionality. An additional possibility includes an urban farm concept with plenty of space for RV parking, storage, workshops and additional structures - offering the freedom to build exactly what suits your vision and needs. Whether you're planning residential development, income-producing housing, or a unique mixed-use concept, this property presents endless opportunity in a desirable location.
    105 days
    |
    69
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel J. Klepac 505-325-7788,

    Coldwell Banker Cornerstone 505-325-7788

    Source: SJCMLS,MLS#: 26-420MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Features
      • Has fireplace: No

      Property

      Features
      • Fencing: Wire
      Lot
      • Size: 5.47 Acres
      Details
      • Parcel number: 2075170159419
      • Zoning description: Multi-Family Low Den, Mixed Use

      Utilities & green energy

      • Water: Public
      • Utilities for property: On Site

      Community & HOA

      Community
      • Subdivision: Rimrocks
      Location
      • Region: Farmington

      Financial & listing details

      • Tax assessed value: $82,050
      • Annual tax amount: $732
      • Date on market: 7/17/2026
      • Listing terms: Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,817/mo

        Price history

        DateEventPrice
        7/22/2026Price change$330,000-5.7%
        Source: SJCMLS #26-420 Report a problem
        4/17/2026Listed for sale$350,000
        Source: SJCMLS #26-420 Report a problem
        4/3/2026Listing removed$350,000
        Source: SJCMLS #26-17 Report a problem
        1/5/2026Listed for sale$350,000-15.8%
        Source: SJCMLS #26-17 Report a problem
        8/1/2025Listing removed$415,900
        Source: SJCMLS #25-131 Report a problem
        1/31/2025Listed for sale$415,900
        Source: SJCMLS #25-131 Report a problem
        1/24/2025Listing removed$415,900
        Source: SJCMLS #21-24 Report a problem
        2/8/2024Price change$415,900+5.3%
        Source: SJCMLS #21-24 Report a problem
        7/6/2022Price change$395,000+8.2%
        Source: SJCMLS #21-24 Report a problem
        5/17/2022Price change$365,000+14.1%
        Source: SJCMLS #21-24 Report a problem
        1/7/2021Price change$320,000-1.5%
        Source: Coldwell Banker Cornerstone Realty #21-24 Report a problem
        12/23/2019Price change$325,000-1.5%
        Source: Coldwell Banker Cornerstone Realty #19-8 Report a problem
        9/26/2019Price change$329,900-1.5%
        Source: Coldwell Banker Cornerstone Realty #19-8 Report a problem
        1/2/2019Price change$335,000-1.5%
        Source: Coldwell Banker Cornerstone Realty #19-8 Report a problem
        11/8/2018Price change$340,000-5.5%
        Source: Coldwell Banker Cornerstone Realty #19-8 Report a problem
        6/22/2018Listed for sale$359,900-2.5%
        Source: Coldwell Banker Cornerstone Realty #17-1948 Report a problem
        12/20/2016Listing removed$369,000
        Source: Coldwell Banker Cornerstone Realty #16-9 Report a problem
        10/5/2016Price change$369,000-6.6%
        Source: Coldwell Banker Cornerstone Realty #16-9 Report a problem
        6/29/2016Price change$395,000-2.5%
        Source: Coldwell Banker Cornerstone Realty #16-9 Report a problem
        9/19/2014Price change$405,000+26.6%
        Source: Coldwell Banker Cornerstone Realty #14-1534 Report a problem
        3/8/2013Listed for sale$320,000
        Source: Coldwell Banker Cornerstone Realty #13-322 Report a problem
        2/2/2013Listing removed$320,000
        Source: Coldwell Banker Cornerstone Realty #11-1543 Report a problem
        11/16/2012Listed for sale$320,000
        Source: Coldwell Banker Cornerstone Realty #11-1543 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$732 -42.1%$27,350 -48.5%
        2024$1,263 +1.6%$53,142 +3%
        2023$1,243 +3.2%$51,594 +3%
        2022$1,204 +1.2%$50,091 +0.4%
        2021$1,190 -0.7%$49,886 -0.9%
        2020$1,198 -16.1%$50,362 -19.1%
        2017$1,428 0%$62,265 -8.8%
        2016$1,428 -6.8%$68,246
        2015$1,532 +0.1%$68,246 -1.3%
        2014$1,531 +3.1%$69,144 +4.5%
        2013$1,485 $66,159
        2012$1,485 +4.9%$66,159 +3%
        2011$1,416 $64,232 +3.8%
        2010-- $61,851 -4.4%
        2009-- $64,708
        2008-- $64,708
        2007-- $64,708 +6%
        2006-- $61,045 +33.5%
        2005-- $45,725 -65%
        2004$999 +1%$130,645
        2003$989 +0.3%$130,645 +209.2%
        2002$987 -2.9%$42,254
        2001$1,016 +0.6%$42,254
        2000$1,009 $42,254
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 87401

        Getting around

        27 / 100
        Car-Dependent
        16 / 100
        Minimal Transit
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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