Industrial Property with Fenced
3200 N 1ST Street Bloomfield, NM 87413
3200 N 1ST Street, Bloomfield, NM, 87413
$500,000
For Sale
$500,000
COMMERCIAL - Bloomfield, NM
Property Size3,131 SF
Lot Size2.50 Acres
Price / SF$159.69
Days on Market49
Property Features for 3200 N 1ST Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 3,131 SF
- Lot size
- 2.50 Acres
Taxes and HOA fees
- Tax Description
- Book 1633, Page 214
Utilities
- Cooling system
- Central Air
Building Details
- Floors in Building
- 1
Listing Agency
Coldwell Banker Cornerstone
(505) 325-7788
802 E 20th St., Farmington, NM
Listed by
Colin Marshall · License #49668
(505) 325-7788
Added: Jun 2 Checked: Jul 20 at 3:06 pm
MLS# 26-640
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.
Investment Insights
Based on property information with market context.
This for-sale industrial property offers a functional combination of outdoor and office space. The site includes a fenced yard suitable for equipment storage, while the building provides a large office area with a break room and conference room, along with ample additional office space. The layout supports day-to-day operations as well as on-site meetings and administrative work.
Situated along a busy US highway, the property benefits from strong visibility for businesses that value exposure. The fenced yard and office setup make it well-suited for users that need both controlled outdoor storage and dedicated interior workspace.
For buyers and operators, this configuration can fit a range of industrial and distribution-adjacent needs, particularly where equipment storage and office functionality must coexist. The presence of multiple office rooms, including a conference room, also supports businesses that require regular client, contractor, or staff meetings directly on site.
Situated along a busy US highway, the property benefits from strong visibility for businesses that value exposure. The fenced yard and office setup make it well-suited for users that need both controlled outdoor storage and dedicated interior workspace.
For buyers and operators, this configuration can fit a range of industrial and distribution-adjacent needs, particularly where equipment storage and office functionality must coexist. The presence of multiple office rooms, including a conference room, also supports businesses that require regular client, contractor, or staff meetings directly on site.
Key Highlights
- Central air cooling
- Commercial property located along a busy US highway for high traffic exposure
- Fenced yard for equipment
Local 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
Warehouse
$333.4K
$291.7K – $389.0K
NOI $23,337 @ 7.0% cap · market cap 4.67%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - Industrial facility on a busy US highway with a fenced yard and a large office area for operations and administration.
Where is this warehouse located?
The property is located at 3200 N 1ST Street 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: Central air cooling; Commercial property located along a busy US highway for high traffic exposure; Fenced yard for equipment
