Land for Sale in Farmington, New Mexico

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.