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    Xxx Illinois Bloomfield, NM 87413

    For Sale
    $45,000

    Affordable NM Land, Commercial/Residential Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 0 square foot land parcel presents a unique investment opportunity in Bloomfield, New Mexico. Located conveniently off N. 1st Street, this property sits between the towns of Aztec and Bloomfield, offering easy access to local amenities and the Naaba Ani Elementary School, just minutes away. Currently zoned for non-residential use, this unrestricted land provides remarkable flexibility for a variety of development projects. Whether you envision a commercial venture or a residential development, this lot offers the potential for site-built homes or mobile homes. The property benefits from the proximity of readily available utilities, including city sewer connections, simplifying the development process. This is an excellent opportunity for investors seeking a versatile and conveniently located land parcel. Note that adjoining parcels are also available for sale, either individually or as a combined purchase. For further details on these adjacent properties, please refer to MLS numbers 24-1270, 24-1271, and 24-1273. This represents a compelling chance to acquire land in a growing area of New Mexico at an attractive price point of $45,000.

    Property Features for 0 Xxx Illinois

    General Information

    Property type
    Land

    HighLights

    • $45,000 asking price.
    • Vacant land parcel.
    • 0 sq ft lot size.
    • Located in Bloomfield, NM, near Naaba Ani Elementary School.
    • Zoned non‑residential, allowing for commercial or residential development (site‑built or mobile homes).
    • Utilities and city sewer available nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bloomfield
    County
    San Juan
    State
    New Mexico
    Longitude
    -107.9812082
    Latitude
    36.7401878

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    FAQs

    What type of property is this?
    Land - Affordable NM Land, Commercial/Residential Potential
    Where is this land located?
    The property is located at Xxx Illinois Bloomfield, NM.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: $45,000 asking price.; Vacant land parcel.; 0 sq ft lot size.
    Request Owner's contact information
    Xxx Illinois 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
    Xxx Illinois Bloomfield, NM 87413
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