Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Versatile Rural Property with Infrastructure Title is generated by Realmo AI

    19 ROAD 4870, Bloomfield, NM 87413

    View on Map
    Claim this Listing
    For Sale
    $339,900

    COMMERCIAL - Bloomfield, NM

    Property size:
    5,832 SF
    Lot size:
    8.22 Acres
    Price / SF:
    $58/SF
    Added:
    Aug 8, 2025
    Days on Market:
    279
    Last Refresh:
    May 13 at 10:06 pm

    Property Features for 19 ROAD 4870

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    5,832 SF
    Lot size
    8.22 Acres

    Taxes and HOA fees

    Tax Description
    COMMENCING AT NW CORNER OF SEC 19 29 10. BK.1698 PG.865, BK.1609 PG.106, BK.904 PG.101, BK.1050 PG.387, BK.1503 PG.1010
    Tax Annual Amount
    2734

    Building Details

    Floors in Building
    1

    We can help!

    Listing Contact
    Michael Glass

    Listing agent Michael Glass License #52783

    Listing office Real Broker, LLC 150 Washington Ave, Ste 201, Santa Fe, NM

    Listing date Aug 8, 2025

    MLS# 25-1031

    Copyright © 2026 San Juan County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • +/-8.22 Acres of Irrigated Land suitable for various uses.
    • +/-1,446 SF livestock processing facility featuring a commercial‑grade slaughterhouse, freezers, and meat‑packing area.
    • Two separate living units: a 3‑bed, 2‑bath double wide and a 1‑bed, 1‑bath studio.
    • Multiple sheds, pole barns, a greenhouse, and a fire brick pit provide ample space.
    • Enjoy irrigated pastures, mature shade trees, and mature fruit trees.
    • Utilities in place from three previously removed singlewide homes.

    Overview

    This multi-dwelling rural property includes two separate living units and a full suite of agricultural and processing facilities on approximately 8.22 acres of irrigated land. The property is suited for livestock, cultivation, or creative development. The living units consist of one 3-bed, 2-bath double wide, and one 1-bed, 1-bath studio. Three singlewide homes were recently removed; site developments and utilities remain in place. The property also features a +/-1,446 SF livestock processing facility with a commercial-grade slaughterhouse, walk-in and deep freezers, a dry hanging room, and a dedicated meat-packing area, along with multiple sheds, pole barns, a greenhouse, and a fire brick pit. The land provides both natural beauty and productive capacity with irrigated pastures, mature shade trees, and a variety of mature fruit trees offering harvest potential. The property is located in Bloomfield, NM and is ready to support a range of residential, agricultural, or business ventures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Building Supply Auto Repair Shop (Bike/Boat/Book/etc) Store Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomfield
    County
    San Juan
    State
    New Mexico
    Longitude
    -107.9281945
    Latitude
    36.7170221

    Nearby Similar for Sale

    • $450,000
      3,935 SF

      Bloomfield Commercial Office/Medical Space

      Nearly 4,000 sqft medical/professional office for sale.
      100 N CHURCH Street, Bloomfield, NM 87413
      View Details
    • $450,000
      11,572 SF

      Bloomfield Commercial Opportunity: Five Parcels

      Multiple established businesses for sale in Bloomfield, New Mexico.
      101 RUTH Lane, Bloomfield, NM 87413
      View Details
    • $420,000
      2,835 SF

      Bloomfield Commercial Opportunity

      Five parcels with multiple established businesses in Bloomfield, NM.
      1945 W BROADWAY Boulevard, Bloomfield, NM 87413
      View Details
    • $850,000
      7,542 SF

      Bloomfield Commercial Opportunity

      Five parcels with multiple established businesses in Bloomfield, NM.
      912 N 1ST Street, Bloomfield, NM 87413
      View Details
    • $339,900
      1,446 SF

      Bloomfield Multi-Dwelling Agricultural Property

      Versatile rural property with agricultural infrastructure on 8.22 acres.
      19 ROAD 4870, Bloomfield, NM 87413
      View Details
    • $4,550,000
      14,203 SF

      Bloomfield Commercial Opportunity: Five Parcels

      Multiple established businesses for sale in Bloomfield, New Mexico.
      1600 W BROADWAY Avenue, Bloomfield, NM 87413
      View Details
    • $230,000
      3,640 SF

      Bloomfield Commercial Property Portfolio

      Five-parcel commercial property portfolio in Bloomfield, New Mexico for sale.
      1019 W BROADWAY Boulevard, Bloomfield, NM 87413
      View Details
    • $1,450,000

      Bloomfield Mobile Home Park Investment

      29-space mobile home park with strong cash flow potential.
      1310 SANCHEZ Lane, Bloomfield, NM 87413
      View Details
    • $1,600,000

      Bloomfield Mobile Home Park Investment

      35-space mobile home park with strong cash flow potential.
      1307 SANCHEZ Lane, Bloomfield, NM 87413
      View Details
    • $450,000

      Bloomfield Business Opportunity: Five Parcels

      Five parcels with multiple established businesses in Bloomfield, New Mexico.
      101 RUTH Lane, Bloomfield, NM 87413
      View Details
    • $850,000

      Bloomfield Business Opportunity: Five Parcels

      Five parcels with multiple established businesses in Bloomfield, NM.
      912 N 1ST Street, Bloomfield, NM 87413
      View Details
    • $420,000

      Bloomfield NM Business Opportunity

      Five parcels with multiple established businesses in Bloomfield, NM.
      1945 W BROADWAY Boulevard, Bloomfield, NM 87413
      View Details

    FAQs

    What type of property is this?
    Agricultural property - Multi-dwelling property with agricultural infrastructure on 8.22 acres.
    Where is this agricultural property located?
    The property is located at 19 ROAD 4870 Bloomfield, NM.
    What is the asking price?
    The asking price for this property is $339,900.
    What are key features of this property?
    This property features: +/-8.22 Acres of Irrigated Land suitable for various uses.; +/-1,446 SF livestock processing facility featuring a commercial‑grade slaughterhouse, freezers, and meat‑packing area.; Two separate living units: a 3‑bed, 2‑bath double wide and a 1‑bed, 1‑bath studio.
    (855) 450-0442
    We can help!
    Listing Contact
    Michael Glass
    Real Estate License ID: 52783
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    19 ROAD 4870, Bloomfield, NM 87413
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!