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Property profile & analytics
FOR SALE
Self service car washes

912 N 1St St Bloomfield, NM 87413

5,693 SF 1.07 ac lot Built 2007
Entity Owned 14-yr Hold Free & Clear
Property ID
US61-0505958
Property summary
AI-generated overview

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 de-mudding wash, two car washes, a substantial 108-unit mini-storage facility, a manufactured home, and a large shop. This is a rare 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 Street. The sale is contingent on the purchase of all five parcels. Individual cap rates for each business range from a strong 5.7% to an impressive 10.88%. The combined cap rate for the entire portfolio is a solid 6.18%, offering a compelling return on investment. The total land area comprises 1.07 acres. This turnkey portfolio presents a significant opportunity for an investor seeking immediate cash flow and substantial long-term growth potential in a dynamic market. The properties are sold as a package deal, providing a unique opportunity to acquire a diverse and established business portfolio in a single transaction. This is a rare chance to own multiple established businesses in the Four Corners area.

Property profile
Verified
Property type Self service car washes
Use group CAR WASH - SELF-SERVE
Year built 2007
Total area 5,693 SF
Lot 1.07 ac (46,609 SF)
APN 2063171248056
UPID US61-0505958
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
912 North First Street LLC · 14 yrs held
912 North First Street LLC
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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