Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    200-206 Broadway Ave Bloomfield, NM 87413

    For Sale
    $550,000

    High-traffic retail property, fully leased.

    Property size:
    4,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional investment opportunity presents a fully leased commercial property situated at 200-206 W. Broadway in Bloomfield, New Mexico, 87413. The property encompasses a substantial 4,800 square feet on a 0.8-acre lot, offering significant frontage along West Broadway (US 64 and US 550). This prime location ensures high visibility and accessibility, maximizing its commercial potential. The property consists of three updated retail suites, all currently occupied under multi-year leases, guaranteeing a stable income stream. Adding to its value is a separate 0.32-acre vacant corner lot, also leased, further enhancing the investment's return. The property's strategic location on a major highway provides 250 feet of high-traffic frontage, attracting a large customer base. This turnkey investment is priced at $550,000 and represents a rare opportunity to acquire a well-established, income-producing commercial property in a thriving New Mexico market. The property is classified as Special Purpose and Land.

    Property Features for 200-206 Broadway Ave

    General Information

    Property type
    Land
    Square Feet
    4,800 SF
    Lot Size
    34,848 SF

    HighLights

    • Fully leased, 4,800 SF commercial property on 0.8‑acre lot in Bloomfield, NM.
    • Prime location on US 64 & US 550 (W. Broadway) with high visibility and accessibility.
    • Three updated retail suites with multi‑year leases providing stable income.
    • Includes a separate 0.32‑acre leased vacant lot.
    • 250 feet of high‑traffic frontage on a major highway.
    • $550,000 turnkey investment opportunity; Special Purpose and Land classification.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    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
    -107.9808378
    Latitude
    36.7117828

    Nearby Similar for Sale

    • $685,000
      45.00 Acres

      Bloomfield Farm with Irrigation Rights

      45-acre farm with irrigation rights and multiple outbuildings.
      80 Road 4961, Bloomfield, NM 87413
      View Details
    • $339,900

      Versatile Rural Property with Agricultural Infrastructure

      Multi-dwelling property with agricultural facilities on 8.22 acres of irrigated land.
      19 Road 4870, Bloomfield, NM 87413
      View Details
    • $325,000
      Pending

      Bloomfield Commercial Property with Highway Access

      Commercial property with two buildings, ideal for owner use/investment.
      101 Missouri St, Bloomfield, NM 87413
      View Details
    • New
      $300,000

      Bloomfield Multi-Family Living Opportunity

      Two dwellings on 4 acres, potential for income or homesteading.
      568 Road 4990, Bloomfield, NM 87413
      View Details
    • $269,900
      2,176 SF

      Move-in Ready Home on Large Lot

      Updated four-bedroom home on a .94-acre lot with fencing.
      338 Cedar Ave, 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 Ln, Bloomfield, NM 87413
      View Details

    FAQs

    What type of property is this?
    Land - High-traffic retail property, fully leased.
    Where is this land located?
    The property is located at 200-206 Broadway Ave 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: Fully leased, 4,800 SF commercial property on 0.8-acre lot in Bloomfield, NM.; Prime location on US 64 & US 550 (W. Broadway) with high visibility and accessibility.; Three updated retail suites with multi-year leases providing stable income.
    Request Owner's contact information
    200-206 Broadway Ave Bloomfield, NM 87413
    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.
    200-206 Broadway Ave
    Bloomfield, NM 87413
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    200-206 Broadway Ave Bloomfield, NM 87413
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.