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    1945 Broadway Blvd Bloomfield, NM 87413

    For Sale
    $420,000

    Five-parcel commercial property, high ROI.

    Property size:
    2,835 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity encompasses five parcels totaling 43,560 square feet of commercial land strategically located in the heart of Bloomfield, New Mexico. The property includes a diverse range of established businesses, presenting a rare chance to acquire multiple income-generating assets in the Four Corners region. The portfolio consists of 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 combined cap rate for all five parcels is 6.18%, with individual parcel cap rates ranging from 5.7% to 10.88%, indicating strong potential for return on investment. The individual parcel addresses are 1600 W Broadway, 1945 W Broadway, 101 Ruth, 1019 W Broadway, and 912 N 1st, all within Bloomfield, NM, zip code 87413. The total asking price for this unique, multi-business property is $420,000. This is a turnkey opportunity to acquire a well-established and profitable commercial portfolio.

    Property Features for 1945 Broadway Blvd

    General Information

    Property type
    Land
    Square Feet
    2,835 SF

    HighLights

    • $420,000 asking price.
    • 2,835 square foot land parcel.
    • 43,560 square foot lot size.
    • Located at 1945 W Broadway Boulevard, Bloomfield, NM 87413.
    • Five‑parcel commercial property portfolio including a truck wash, de‑mudding wash, two car washes, a 108‑unit mini‑storage, a manufactured home, and a large shop.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bloomfield
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.0017343
    Latitude
    36.710799

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    FAQs

    What type of property is this?
    Land - Five-parcel commercial property, high ROI.
    Where is this land located?
    The property is located at 1945 Broadway Blvd Bloomfield, NM.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: $420,000 asking price.; 2,835 square foot land parcel.; 43,560 square foot lot size.
    Request Owner's contact information
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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
    1945 Broadway Blvd Bloomfield, NM 87413
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