Bloomfield Commercial
1945 W BROADWAY Boulevard Bloomfield, NM 87413
For Sale
$420,000
COMMERCIAL - Bloomfield, NM
Property Size2,835 SF
Lot Size1.78 Acres
Price / SF$148.15
Days on Market549
Property Features for 1945 W BROADWAY Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
2,835 SF
Lot size
1.78 Acres
Taxes and HOA fees
Tax Description
MIHELICH LOT SPLIT SUBDIVISION LOT 2 BK.1600 PG.698 LESS .17 AC TO HWY IN B.1568 P.898
Tax Annual Amount
4877
Building Details
Floors in Building
1
Listing Agency:
RE/MAX of Farmington
(505) 327-4777
Listed By:
Sam Todd · License #REC20230229
(505) 327-4777
Added: Jan 27, 2025
Changed: May 13
Last Checked: Jul 30 at 4:06AM
MLS# 25-114
Copyright © 2026 San Juan County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This listing features five parcels located in Bloomfield, NM, presenting a business opportunity in the Four Corners area. The properties include a truck wash, a de-mudding wash, two car washes, a 108-unit mini storage facility, a manufactured home, and a large shop. The parcels, totaling 1.78 acres, are listed separately but are to be sold contingent upon each other. The property size is 2835 square feet. These properties are zoned for general commercial use. The cap rates for each parcel range from 5.7% to 10.88%, with an overall cap rate of 6.18% for all five properties. The intended use of the property is for commercial purposes.
Key Highlights
- Rare opportunity to own multiple established businesses in the Four Corners area.
- Includes a Truck Wash, a De‑Mudding Wash, Two Car Washes, a 108‑unit mini storage, a manufactured home, and a large shop.
- Located in the heart of Bloomfield, NM.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.8k | $14.76 |
| − Vacancy | −$2.6k | −$0.93 |
| EGI | $39.2k | $13.83 |
| − OpEx | −$9.8k | −$3.46 |
| NOI | $29.4k | $10.37 |
2,835 SF · lease $14.76/SF/yr · vacancy 6.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$420.1K
$367.6K – $490.1K
NOI $29,406 @ 7.0% cap · market cap 7.00%
Second Best
Retail
$400.5K
$350.4K – $467.2K
NOI $28,032 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$586.5K
$513.2K – $684.2K
NOI $41,054 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Truck stop - Five parcels with multiple established businesses in Bloomfield, NM.
Where is this truck stop located?
The property is located at 1945 W BROADWAY Boulevard Bloomfield, NM.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Rare opportunity to own multiple established businesses in the Four Corners area.; Includes a Truck Wash, a De‑Mudding Wash, Two Car Washes, a 108‑unit mini storage, a manufactured home, and a large shop.; Located in the heart of Bloomfield, NM.
