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    1St St Bloomfield, NM 87413

    For Sale
    $265,000

    5 Acres, High Potential, $265,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 5-acre parcel, totaling 217,800 square feet, presents a compelling investment opportunity in Bloomfield, New Mexico. Located on a highway frontage, this property boasts significant development potential. The expansive lot size offers ample space for a variety of commercial or industrial ventures, making it an attractive prospect for businesses seeking a prominent location with high visibility. Situated in San Juan County, the land is conveniently located at XX N 1ST Street, Bloomfield, NM 87413 (36.7423975, -107.9789752). The asking price for this prime piece of real estate is $265,000. Given its size, location, and accessibility, this property is ideally suited for entrepreneurs and investors looking to capitalize on the growth opportunities within the Bloomfield area. The highway frontage ensures excellent exposure and accessibility, making it an ideal location for businesses seeking high visibility and convenient access for customers and employees. Serious inquiries are encouraged to explore the possibilities this unique property offers. The property is classified as land and offers significant potential for future development. All interested parties should conduct their own due diligence.

    Property Features for 0 1St St

    General Information

    Property type
    Land

    HighLights

    • 5‑acre parcel (217,800 sq ft) in Bloomfield, NM, priced at $265,000.
    • Highway frontage provides high visibility and accessibility.
    • Excellent development potential for commercial or industrial use.
    • Located at XX N 1ST Street, Bloomfield, NM 87413 (36.7423975, -107.9789752).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bloomfield
    County
    San Juan
    State
    New Mexico
    Longitude
    -107.9789752
    Latitude
    36.7423975

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    FAQs

    What type of property is this?
    Land - 5 Acres, High Potential, $265,000
    Where is this land located?
    The property is located at 1St St Bloomfield, NM.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: 5-acre parcel (217,800 sq ft) in Bloomfield, NM, priced at $265,000.; Highway frontage provides high visibility and accessibility.; Excellent development potential for commercial or industrial use.
    Request Owner's contact information
    1St St Bloomfield, NM 87413
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    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
    1St St Bloomfield, NM 87413
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