Unique land opportunity, consisting of three parcels totaling approximately 1.551 acres. The property has been rezoned for high-density multi-family use, making it well-suited for developers or investors seeking to build in an established, high-demand area. The site is situated within a high-density corridor and offers utilities available at the property, providing a solid foundation for future development. A dilapidated residence currently exists on the property; however, no monetary value is attributed to the structure, and the sale is based solely on the land value and development potential. With favorable zoning, multiple parcels included, and a central location, this property presents an excellent opportunity for multi-family housing or related development in the Farmington market.
Lot/land
$400,000
4303 Hudson St, Farmington, NM 87402
--beds
0baths
1.55Acres
Unimproved Land
Built in ----
1.55 Acres Lot
$310,100 Zestimate®
$--/sqft
$-- HOA
What's special
Multiple parcels included
- 205 days |
- 13 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Sam R Todd 505-327-4777,
RE/MAX of Farmington 505-327-4777
Source: SJCMLS,MLS#: 25-1585
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Property
Features
- Fencing: Wire,Block,Rock
Lot
- Size: 1.55 Acres
Details
- Parcel number: 2073173141451
- Zoning description: Multi-Family Hi Dens
Utilities & green energy
- Water: Public
- Utilities for property: On Site
Community & HOA
Community
- Subdivision: ILES
Location
- Region: Farmington
Financial & listing details
- Tax assessed value: $249,871
- Annual tax amount: $1,964
- Date on market: 12/24/2025
- Listing terms: Conventional
Estimated market value
$310,100
$226,000 - $397,000
$2,017/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/24/2025 | Listed for sale | $400,000 |
Source:  SJCMLS #25-1585 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,964 +101.1% | $83,291 +3% |
| 2024 | $976 -48.4% | $80,865 +3% |
| 2023 | $1,892 +3.2% | $78,510 +3% |
| 2022 | $1,832 +3.3% | $76,223 +2.5% |
| 2021 | $1,773 +0.7% | $74,344 +0.4% |
| 2020 | $1,760 +7.3% | $74,019 +3.5% |
| 2017 | $1,640 | $71,519 |
| 2016 | $1,640 +2.2% | $71,519 |
| 2015 | $1,606 +0.1% | $71,519 -0.6% |
| 2014 | $1,604 +2.4% | $71,915 +3% |
| 2013 | $1,567 | $69,820 |
| 2012 | $1,567 -3.7% | $69,820 -1% |
| 2011 | $1,628 | $70,521 -0.8% |
| 2010 | -- | $71,105 -7.4% |
| 2009 | -- | $76,775 0% |
| 2008 | -- | $76,791 |
| 2007 | -- | $76,791 +61.7% |
| 2006 | -- | $47,478 |
| 2005 | -- | $47,478 -65% |
| 2004 | $1,038 +12.2% | $135,652 |
| 2003 | $925 -0.4% | $135,652 +209.9% |
| 2002 | $929 -2.9% | $43,774 |
| 2001 | $956 +0.6% | $43,774 |
| 2000 | $950 | $43,774 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 87402
Nearby schools
GreatSchools rating
- 6/10Mesa Verde Elementary SchoolGrades: K-5Distance: 0.8 mi
- 5/10Heights Middle SchoolGrades: 6-8Distance: 0.7 mi
- 7/10Piedra Vista High SchoolGrades: 9-12Distance: 1.4 mi
- $72,7290.34 AcresWashington Ave, Farmington, NM 87401Off Market
- $324,900-- bd2 ba2.4k sqft3401 Washington Ave, Farmington, NM 87402Off Market
- $48,6357,405 Square FeetWashington Ave, Farmington, NM 87401Off Market
- $139,8200.52 Acres3500 Iles Ave, Farmington, NM 87402Off Market
- $32,1540.52 AcresIles Ave, Farmington, NM 87402Off Market
- $318,600-- bd2 ba1.6k sqft3312 Washington Ave, Farmington, NM 87402Off Market
- $--10,019 Square Feet4207 Hudson St, Farmington, NM 87402Sold
- $139,400-- bd1 ba869 sqft4205 Hudson St, Farmington, NM 87402Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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