1927/1929 Broadway Ave Ave Bloomfield, NM 87413

This expansive 70.32-acre commercial property presents a unique investment opportunity in Bloomfield, New Mexico. Situated in both the city and San Juan County, the land offers diverse development potential. The front 14.537 acres, located within city limits, offer potential for commercial or residential development, with existing utilities and landscaping, including functional underground piping. The remaining acreage, situated in San Juan County, features barns, a house foundation, pastures, ponds, and fields. The property boasts approximately 38-39 acres of adjudicated water rights with gravity flow irrigation (buyer to verify with the NM State Engineer's office). These water sources supply the ponds, used for livestock and fishing. Currently, sections of the land are cultivated with alfalfa, generating income. Other areas provide pastureland for livestock. A significant portion of the property remains in its natural state, attracting wildlife. Improvements include a large shop, a barn, pipe-fenced horse stalls, storage units with covered vehicle/equipment storage, a goat pen, chicken coop, batting cage, and a tennis court. The property is accessed via a large gate off Broadway Avenue and features existing fencing. A septic system is located near the house foundation, and the front portion offers potential connection to the city sewer system. This property offers a multitude of possibilities for development and income generation.