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    1019 Broadway Blvd Bloomfield, NM 87413

    For Sale
    $230,000

    Five-parcel commercial property; high ROI potential.

    Property size:
    3,640 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity encompasses five parcels totaling 3,640 square feet of commercial land strategically located in the heart of Bloomfield, New Mexico. This rare offering presents a chance to acquire multiple established businesses within the Four Corners region. The portfolio includes a truck wash, a de-mudding wash, two car washes, a 108-unit mini-storage facility, a manufactured home, and a large shop. Each parcel is individually listed but sold contingent upon the purchase of all others. The properties are situated at 1600 W Broadway, 1945 W Broadway, 101 Ruth, 1019 W Broadway, and 912 N 1st in Bloomfield, NM, zip code 87413. Individual cap rates range from 5.7% to 10.88%, with a combined cap rate of 6.18% for the entire portfolio. This presents a compelling investment opportunity with strong potential for significant returns. The asking price for the entire portfolio is $230,000. This is a unique chance to acquire a diverse and established commercial property portfolio in a thriving market. The lot size for the entire portfolio is 3,640 square feet.

    Property Features for 1019 Broadway Blvd

    General Information

    Property type
    Land
    Square Feet
    3,640 SF

    HighLights

    • $230,000 asking price for five commercial parcels in Bloomfield, NM.
    • 3,640 square feet of land total.
    • Includes a truck wash, de‑mudding wash, two car washes, a 108‑unit mini‑storage, a manufactured home, and a large shop.
    • Located in the heart of Bloomfield, NM.
    • Individual parcel cap rates range from 5.7% to 10.88%; combined cap rate is 6.18%.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bloomfield
    County
    San Juan
    State
    New Mexico
    Longitude
    -107.9914024
    Latitude
    36.7108714

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    FAQs

    What type of property is this?
    Land - Five-parcel commercial property; high ROI potential.
    Where is this land located?
    The property is located at 1019 Broadway Blvd Bloomfield, NM.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: $230,000 asking price for five commercial parcels in Bloomfield, NM.; 3,640 square feet of land total.; Includes a truck wash, de-mudding wash, two car washes, a 108-unit mini-storage, a manufactured home, and a large shop.
    Request Owner's contact information
    1019 Broadway Blvd 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
    1019 Broadway Blvd Bloomfield, NM 87413
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