Bloomfield Retail Investment
200-206 W BROADWAY Avenue, Bloomfield, NM 87413
Commercial property in Bloomfield, NM, 100% leased with high traffic.
Type:Commercial/Industrial
Property size:
4,800 SFLot size:
0.80 AcresPrice / SF:
$114/SF- Added:
- Mar 12, 2026
- Days on Market:
- 82
- Last Refresh:
- Apr 6 at 12:48 am
Property Features for 200-206 W BROADWAY Avenue
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Lot size
- 0.80 Acres
- Property subtype
- Commercial/Industrial
Listing agent David L McBee License #41884
Listing office CENTURY 21 SoWesCo Realty (505) 325-2100
Listing date Mar 12, 2026
Source Exitrealty
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 CENTURY 21 SoWesCo Realty
HighLights
- 100% Leased Commercial Property: Provides immediate income.
- Prime Location: Situated in the heart of Bloomfield, NM, on a very busy street (West Broadway/US 64/US 550) with high traffic frontage (250').
- Multi‑Year Leases: Current tenants are locked in with multi‑year leases, ensuring stable, long‑term income.
- Updated Retail Space: The retail space has been updated, improving its appeal to tenants and customers.
- Multiple Suites: Includes 3 suites, offering diverse income streams and tenant mix.
- Vacant Corner Lot: Includes a .32 acre vacant corner lot that is also leased, providing additional income potential.
Overview
This commercial property, located in the heart of Bloomfield, NM, presents an investment opportunity. The retail space has been updated and is currently 100 percent leased. It includes 3 suites, plus a 0.32 acre vacant corner, that is also leased. The property features 250' of high traffic frontage on West Broadway, which is also US 64 and US 550. The building is close to banks, grocery stores, schools, and many other establishments. Parking spaces are available in the front and back of the building. Current tenants are on multi-year leases. The property size is 4800 square feet.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.8k | $14.76 |
| − Vacancy | −$3.0k | −$0.63 |
| EGI | $67.8k | $14.13 |
| − OpEx | −$20.3k | −$4.24 |
| NOI | $47.5k | $9.89 |
4,800 SF · lease $14.76/SF/yr · vacancy 4.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$678.0K
$593.3K – $791.0K
NOI $47,461 @ 7.0% cap · market cap 8.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$993.0K
$868.9K – $1.16M
NOI $69,509 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Bloomfield
- County
- San Juan
- State
- New Mexico
- Longitude
- -107.978
- Latitude
- 36.7117
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Commercial property in Bloomfield, NM, 100% leased with high traffic.
Where is this retail space located?
The property is located at 200-206 W BROADWAY Avenue Bloomfield, NM.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 100% Leased Commercial Property: Provides immediate income.; Prime Location: Situated in the heart of Bloomfield, NM, on a very busy street (West Broadway/US 64/US 550) with high traffic frontage (250').; Multi‑Year Leases: Current tenants are locked in with multi‑year leases, ensuring stable, long‑term income.
