Current Use by Public Records
- Land
Property Details for 1927/1929 Broadway Ave
- Property type
- Land
Description
This exceptional 70.32-acre (±) property in Bloomfield, New Mexico, presents a unique investment opportunity. Located at 1927/1929 W Broadway Avenue, this expansive parcel straddles the city and San Juan County lines. The front 14.537 acres, situated within Bloomfield city limits, offers potential for commercial or residential development, with existing utilities and landscaping, including functional underground piping. The remaining acreage, primarily in San Juan County, boasts barns, a house foundation (with a potential building pad), pastureland, several ponds, and fields. The property includes approximately 38-39 acres of adjudicated "old priority" water rights with gravity flow irrigation (buyer verification required with the NM State Engineer's office). These ponds provide water for livestock and fishing. Currently, sections of the land are planted in alfalfa, generating income. Other areas serve as pasture for livestock. The rear section remains in its natural state, attracting wildlife. Improvements include a large shop, barn, pipe-fenced horse stalls, storage units with covered vehicle/equipment storage, a goat pen, chicken coop, batting cage, and a tennis court. The front section has potential access to Bloomfield's sewer system
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bloomfield
- County
- San Juan
- State
- New Mexico
- Longitude
- -108
- Latitude
- 36.7084
