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    1019 Broadway Blvd Bloomfield, NM 87413

    For Sale
    $230,000

    Five established businesses, high ROI.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional investment opportunity encompasses five distinct, income-generating properties strategically located in the heart of Bloomfield, New Mexico, within the Four Corners region. The portfolio includes a thriving truck wash, a specialized de-mudding wash facility, two car washes, a substantial 108-unit mini-storage facility, a manufactured home, and a large shop. This rare offering presents a unique chance to acquire a diverse and established business portfolio in a single transaction. Each parcel is individually addressed, with locations including 1600 W Broadway, 1945 W Broadway, 101 Ruth, 1019 W Broadway, and 912 N 1st. While each parcel is separately deeded, the sale is contingent upon the purchase of all five. The properties sit on a combined 0.98 acres of land. Individual cap rates for each business vary, ranging from a strong 5.7% to an impressive 10.88%. The overall cap rate for the entire portfolio is calculated at 6.18%, offering a compelling return on investment. This is a turnkey opportunity for an investor seeking immediate cash flow and significant long-term growth potential in a dynamic market. The properties are being sold as a package deal, providing a consolidated and streamlined acquisition process. This is a rare chance to own a diverse and established business portfolio in a prime location. The asking price for the entire portfolio is $230,000.

    Property Features for 1019 Broadway Blvd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    42,689 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bloomfield
    County
    San Juan
    State
    New Mexico
    Longitude
    -107.991
    Latitude
    36.71118

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    FAQs

    What type of property is this?
    Commercial real estate - Five established businesses, high ROI.
    Where is this commercial real estate located?
    The property is located at 1019 Broadway Blvd Bloomfield, NM.
    What is the asking price?
    The asking price for this property is $230,000.
    (505) 327-4777
    Request Owner's contact information
    1019 Broadway Blvd Bloomfield, NM 87413
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1019 Broadway Blvd Bloomfield, NM 87413
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