Office Building with Fenced
3200 N 1st St Bloomfield, NM 87413
New
For Sale
$500,000
Commercial office space with a fenced yard for equipment and includes a break room and conference room.
Days on Market4
Property Features for 3200 N 1st St
General Information
Standard status
Active
Property subtype
Other
Listing Agency:
Coldwell Banker Cornerstone Realty
(970) 660-5323
Listed By:
Ericka Hatch · License #49668
Source:
Commercialcafe
Added: Jul 26
Changed: Jul 27
Last Checked: Jul 29 at 4:40AM
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 Coldwell Banker Cornerstone Realty
Investment Insights
Based on property information with market context.
This commercial property includes a large office space with a break room and conference room, along with additional office area. A fenced yard is provided for equipment storage.
The property is located along a busy U.S. highway, offering exposure for the office use.
The layout appears well-suited for organizations that need both dedicated workspace and on-site space for equipment within a secured yard.
The property is located along a busy U.S. highway, offering exposure for the office use.
The layout appears well-suited for organizations that need both dedicated workspace and on-site space for equipment within a secured yard.
Key Highlights
- Commercial office space along a busy US Highway
- Great exposure with frontage on the highway
- Fenced yard for equipment
Financial Insights For Office B
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 | $46.6k | $14.88 |
| − Vacancy | −$9.3k | −$2.98 |
| EGI | $37.3k | $11.90 |
| − OpEx | −$9.3k | −$2.98 |
| NOI | $28.0k | $8.93 |
3,131 SF · lease $14.88/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$399.3K
$349.4K – $465.9K
NOI $27,954 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$647.7K
$566.8K – $755.7K
NOI $45,340 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Commercial office space with a fenced yard for equipment and includes a break room and conference room.
Where is this office units located?
The property is located at 3200 N 1st St Bloomfield, NM.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Commercial office space along a busy US Highway; Great exposure with frontage on the highway; Fenced yard for equipment
