Bloomfield Commercial
912 N 1ST Street Bloomfield, NM 87413
For Sale
$850,000
COMMERCIAL - Bloomfield, NM
Property Size7,542 SF
Lot Size1.07 Acres
Price / SF$112.70
Days on Market549
Property Features for 912 N 1ST Street
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
7,542 SF
Lot size
1.07 Acres
Taxes and HOA fees
Tax Description
BEG AT N90-E 465.80 FT AND E 44.68 FT FROM SW COR 15 2911 THENCE E 239.59 FT, N 216 FT, CURVE TO LEFT 34.79 FT, CURVE
Tax Annual Amount
9739
Building Details
Floors in Building
2
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# 25-115
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.
Located in the heart of Bloomfield, NM, this listing features five parcels offering a rare 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 properties total 7,542 square feet on a 1.07-acre lot. Each parcel is listed separately but are sold contingent upon the others. The properties are located at the following addresses: 1600 W Broadway, 1945 W Broadway, 101 Ruth, 1019 W Broadway and 912 N 1st. The cap rates for each range from 5.7% to 10.88%, and the cap rate for all five is 6.18%. The zoning is General Commercial.
Key Highlights
- Rare opportunity to own multiple established businesses in the Four Corners area.
- Portfolio of five parcels in Bloomfield, NM, offered as a single contingent sale.
- Includes a 108‑unit mini storage facility.
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 | $111.3k | $14.76 |
| − Vacancy | −$7.0k | −$0.93 |
| EGI | $104.3k | $13.83 |
| − OpEx | −$26.1k | −$3.46 |
| NOI | $78.2k | $10.37 |
7,542 SF · lease $14.76/SF/yr · vacancy 6.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.12M
$977.9K – $1.30M
NOI $78,230 @ 7.0% cap · market cap 9.20%
Second Best
Retail
$1.07M
$932.2K – $1.24M
NOI $74,573 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,216 @ 7.0% cap · market cap 12.85%
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 912 N 1ST Street Bloomfield, NM.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Rare opportunity to own multiple established businesses in the Four Corners area.; Portfolio of five parcels in Bloomfield, NM, offered as a single contingent sale.; Includes a 108‑unit mini storage facility.
