1945 W BROADWAY Boulevard, Bloomfield, NM 87413
Five parcels with multiple established businesses in Bloomfield, New Mexico.
- Added:
- Mar 21, 2024
- Days on Market:
- 815
- Last Refresh:
- May 13 at 8:09 pm
Property Features for 1945 W BROADWAY Boulevard
General Information
- Standard status
- Active
- Size
- 2,835 SF
- Property subtype
- Land
Listing agent Aspen Groen License #NM REC20230229
Listing office Ben Lyons
Listing date Mar 21, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Ben Lyons
HighLights
- Rare opportunity to own multiple established businesses in the Four Corners area.
- Includes a Truck Wash, De‑Mudding Wash, Two Car Washes, 108‑unit mini storage, manufactured home, and large shop.
- Portfolio of five parcels in Bloomfield, NM.
- Overall cap rate of 6.18% for all five parcels.
- Individual parcel cap rates range from 5.7% to 10.88%.
- Addresses include 1600 W Broadway, 1945 W Broadway, 101 Ruth, 1019 W Broadway, and 912 N 1st.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.8k | $14.76 |
| − Vacancy | −$2.6k | −$0.93 |
| EGI | $39.2k | $13.83 |
| − OpEx | −$9.8k | −$3.46 |
| NOI | $29.4k | $10.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bloomfield
- County
- San Juan
- State
- New Mexico
- Longitude
- -107.83
- Latitude
- 36.8347
