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    Tbd Ferrari Rnch Rd Bloomfield, NM 87413

    For Sale
    $280,000

    1.78 Acres, Highway 64 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.78-acre (43,560 sq ft) commercial land parcel in Bloomfield, New Mexico, presents a unique investment opportunity. Located on Highway 64, the property boasts highly desirable level terrain and clear highway frontage, ensuring excellent visibility for any business. The land is equipped with irrigation, offering versatile development potential. Zoned for community commercial use, this site is ideal for a variety of businesses, from retail establishments to service-oriented ventures. The seller is open to exploring creative financing options, making this property even more accessible. Its prime location in the thriving community of Bloomfield, combined with its features and flexible financing options, makes this a truly remarkable opportunity for entrepreneurs seeking a strategic and visible location to establish their business. The property's level topography and highway frontage offer significant advantages for attracting customers and maximizing business potential. Don't miss this chance to build your business in a vibrant and growing community. The address is TBD Ferrari Ranch Road, Bloomfield, NM 87413. Asking price is $280,000.

    Property Features for 0 Tbd Ferrari Rnch Rd

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bloomfield
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.0030923
    Latitude
    36.70861

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    FAQs

    What type of property is this?
    Land - 1.78 Acres, Highway 64 Frontage
    Where is this land located?
    The property is located at Tbd Ferrari Rnch Rd Bloomfield, NM.
    What is the asking price?
    The asking price for this property is $280,000.
    Request Owner's contact information
    Tbd Ferrari Rnch Rd 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
    Tbd Ferrari Rnch Rd Bloomfield, NM 87413
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