1945 W BROADWAY Boulevard, Bloomfield, NM 87413
COMMERCIAL - Bloomfield, NM
- Added:
- Jan 27, 2025
- Days on Market:
- 502
- Last Refresh:
- Jun 13 at 1:06 am
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 agent Sam Todd License #REC20230229 (505) 327-4777
Listing office RE/MAX of Farmington 108 N Orchard Ave. Ste 101, Farmington, NM (505) 327-4777
Listing date Jan 27, 2025
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.
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.
- Overall cap rate for all five parcels is 6.18%.
- Five parcels included in the listing.
- Properties include concrete flooring.
Overview
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bloomfield
- County
- San Juan
- State
- New Mexico
- Longitude
- -107.83
- Latitude
- 36.8347
