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Mixed-Use Commercial Portfolio

1945 W Broadway Ave, Bloomfield, NM 87413

For Sale
$420,000

Five parcels combine multiple car wash operations with a 108-unit mini-storage facility and shop.

Property SizeContact for details
Days on Market657

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
Listed By: Aspen Groen · License NM REC20230229
Source: Exprealty
Added: Jan 27, 2025 Changed: Oct 26 Last Checked: Nov 12 at 10:46AM

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

Rey
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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%.

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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Dental Office Real Estate Agency HVAC Service Pharmacy Law Firm Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

106
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

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
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