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    200-206 Broadway Ave Ave Bloomfield, NM 87413

    For Sale
    $550,000

    High-traffic location, fully leased, great return.

    Property size:
    4,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property presents a compelling investment opportunity in the thriving heart of Bloomfield, New Mexico. Situated on a prominent 0.8-acre lot with 250 feet of frontage along West Broadway (US 64 and US 550), this high-traffic location ensures maximum visibility and accessibility. The 4,800-square-foot building is currently 100% leased, providing immediate and consistent cash flow. The property comprises three updated retail suites, generating rental income from tenants secured on multi-year leases. Adding to its value, an additional 0.32-acre vacant corner lot is also leased, offering further income potential or future expansion possibilities. Ample parking is available both in front and behind the building, ensuring convenience for tenants and customers. The property's strategic location places it in close proximity to essential amenities such as banks, grocery stores, and schools, further enhancing its appeal and attracting a diverse clientele. This turnkey investment offers a rare opportunity to acquire a fully leased, high-performing commercial property in a prime location with significant growth potential.

    Property Features for 200-206 Broadway Ave Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,800 SF
    Lot Size
    34,848 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bloomfield
    County
    San Juan
    State
    New Mexico
    Longitude
    -107.878
    Latitude
    36.6263

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, fully leased, great return.
    Where is this commercial real estate located?
    The property is located at 200-206 Broadway Ave Ave Bloomfield, NM.
    What is the asking price?
    The asking price for this property is $550,000.
    (505) 325-2100
    Request Owner's contact information
    200-206 Broadway Ave Ave Bloomfield, NM 87413
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    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
    200-206 Broadway Ave Ave Bloomfield, NM 87413
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