Multi-Site Car Wash
912 N 1ST Street, Bloomfield, NM 87413
For Sale
$850,000
Commercial Sale, Bloomfield, NM
Property Size7,542 SF
Lot Size1.07 Acres
Price / SF$112.70
Days on Market656
Property Features for 912 N 1ST Street
General Information
Property type
Property subtype
Zoning description
Directions
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Amenities
Truck Wash
De-Mudding Wash
Mini Storage
Building Details
Floors in Building
Roof type
Listing Agency:
RE/MAX of Farmington · RE/MAX International
(505) 327-4777
Listed By:
Aspen Groen · License NM REC20230229
(505) 215-0455
Added: Jan 27, 2025
Changed: Oct 1
Last Checked: Nov 13 at 11:06PM
MLS# 25-115
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Bloomfield offering brings together five separately listed parcels, with each sale contingent on the others. The properties include a truck wash, a de-mudding wash, two car washes, a 108-unit mini-storage facility, a manufactured home, and a large shop.
The five addresses are 1600 W Broadway, 1945 W Broadway, 101 Ruth, 1019 W Broadway, and 912 N 1st. Individual cap rates range from 5.7% to 10.88%; the combined portfolio cap rate is 6.18%.
The five addresses are 1600 W Broadway, 1945 W Broadway, 101 Ruth, 1019 W Broadway, and 912 N 1st. Individual cap rates range from 5.7% to 10.88%; the combined portfolio cap rate is 6.18%.
Key Highlights
- Five parcels are offered together, with each sale contingent on the others
- Property mix includes a truck wash, de‑mudding wash, and two car washes
- Includes a 108‑unit mini‑storage facility, manufactured home, and large shop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,230
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,564,600
$1.6M
Cap Rate 7%
$1,117,571
$1.1M
Cap Rate 9%
$869,222
$869.2K
Market Conditions
NOI Build-Up for 7,542 SF
Gross rent
$111.3K $14.76/SF
− Vacancy
−$7.0K −$0.93/SF
EGI
$104.3K $13.83/SF
− OpEx
−$26.1K −$3.46/SF
NOI
$78.2K $10.37/SF
Area
San Juan County, NM
Vacancy
6.30%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,564,600
Cap Rate 7%
$1,117,571
Cap Rate 9%
$869,222
Alternative Uses
Best Use
Specialty Retail
$1.12M
$977.9K – $1.30M
NOI $78,230 @ 7.0% cap · market cap 9.20%
Second Best
Retail
$1.07M
$932.2K – $1.24M
NOI $74,573 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,216 @ 7.0% cap · market cap 12.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
102
Businesses Nearby
Explore this area
Business Placement
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
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Car wash - The offering combines wash operations with a 108-unit mini-storage property, a manufactured home, and a shop.
Where is this car wash located?
The property is located at 912 N 1ST Street Bloomfield, NM.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Five parcels are offered together, with each sale contingent on the others; Property mix includes a truck wash, de‑mudding wash, and two car washes; Includes a 108‑unit mini‑storage facility, manufactured home, and large shop
