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    X1 Ferrari Rnch Rd Bloomfield, NM 87413

    For Sale
    $280,000

    1.78 Acres, Highway Frontage, Irrigated

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Exceptional commercial land opportunity in Bloomfield, New Mexico, awaits. This 43,560 square foot (1.78 acre) parcel boasts highly desirable features, including level terrain and prominent highway frontage along Highway 64. The property is equipped with irrigation, offering significant advantages for a variety of commercial ventures. Zoned for community commercial use, this location is ideal for retail, service businesses, or a combination thereof. Its strategic placement ensures high visibility and accessibility for attracting customers. The seller is offering creative financing options, making this an even more attractive proposition for prospective buyers. This prime location in the thriving community of Bloomfield presents a unique chance to establish a successful business. The combination of clear highway frontage, level land, and irrigation potential makes this an outstanding investment opportunity. Don't miss this chance to build your business in a vibrant and accessible location. Act quickly to secure this exceptional property.

    Property Features for X1 Ferrari Rnch Rd

    General Information

    Property type
    Land

    HighLights

    • 1.78‑acre commercial lot in Bloomfield, NM, with highway frontage on Highway 64.
    • Level terrain and irrigation system.
    • Community Commercial zoning, suitable for retail or service businesses.
    • High visibility and accessibility for customer attraction.
    • Seller financing options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bloomfield
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.0030923
    Latitude
    36.70861

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    FAQs

    What type of property is this?
    Land - 1.78 Acres, Highway Frontage, Irrigated
    Where is this land located?
    The property is located at X1 Ferrari Rnch Rd Bloomfield, NM.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: 1.78-acre commercial lot in Bloomfield, NM, with highway frontage on Highway 64.; Level terrain and irrigation system.; Community Commercial zoning, suitable for retail or service businesses.
    Request Owner's contact information
    X1 Ferrari Rnch Rd Bloomfield, NM 87413
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    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
    X1 Ferrari Rnch Rd Bloomfield, NM 87413
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