Mixed-Use Commercial
For Sale
$420,000
1945 W Broadway Ave, Bloomfield, NM 87413
Five parcels combine multiple car wash operations with a 108-unit mini-storage facility and shop.
Property SizeContact for details
Days on Market575
Property Features for 1945 W Broadway Ave
General Information
Standard status
Active
Financials
Cap Rate
10.88%
Business Included
Yes
Listing Agency:
RE/MAX of Farmington
(505) 215-0455
Listed By:
Aspen Groen · License #REC20230229
(505) 215-0455
Source:
Exprealty
Added: Jan 27, 2025
Changed: Aug 20
Last Checked: Aug 25 at 10:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX of Farmington
Investment Insights
Based on property information with market context.
This five-parcel listing brings together several established automotive service components with self-storage. The parcels include a truck wash, a de-mudding wash, two car washes, a 108-unit mini storage facility, and additional improvements described as a manufactured home and a large shop. Each parcel is listed separately, with the understanding that the parcels are sold contingent upon the others.
The addresses for the five parcels are 1600 W Broadway, 1945 W Broadway, 101 Ruth, 1019 W Broadway, and 912 N 1st in Bloomfield, New Mexico. Transaction is for sale, and the public remarks note that cap rates for each parcel range from 5.7% to 10.88%, with an all-five cap rate of 6.18%.
The addresses for the five parcels are 1600 W Broadway, 1945 W Broadway, 101 Ruth, 1019 W Broadway, and 912 N 1st in Bloomfield, New Mexico. Transaction is for sale, and the public remarks note that cap rates for each parcel range from 5.7% to 10.88%, with an all-five cap rate of 6.18%.
Key Highlights
- Five‑parcel listing in the heart of Bloomfield, NM: truck wash, de‑mudding wash, two car washes, 108‑unit mini storage, and a large shop
- Cap rates reported for each parcel range from 5.7% to 10.88%; cap rate for all five parcels is 6.18%
- Addresses for all five parcels: 1600 W Broadway, 1945 W Broadway, 101 Ruth, 1019 W Broadway, and 912 N 1st
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Explore this area
Business Placement
Demographics for 87413, NM
14,652
Population
5,764
Households
2.5
Avg Household Size
37
Median Age
14%
College-Educated
83%
High-School Grad
600.8 sq mi
ZIP Area
24
Density / Sq Mi
$51,234
Median Household Income
$34,783
Median Earnings
$898
Median Rent
$176,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - Five parcels combine multiple car wash operations with a 108-unit mini-storage facility and shop.
Where is this car wash located?
The property is located at 1945 W Broadway Ave Bloomfield, NM.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Five‑parcel listing in the heart of Bloomfield, NM: truck wash, de‑mudding wash, two car washes, 108‑unit mini storage, and a large shop; Cap rates reported for each parcel range from 5.7% to 10.88%; cap rate for all five parcels is 6.18%; Addresses for all five parcels: 1600 W Broadway, 1945 W Broadway, 101 Ruth, 1019 W Broadway, and 912 N 1st
