37 1St St Bloomfield, NM 87413
This exceptional 1.24-acre industrial property offers a secure, fully fenced outdoor storage area, ideal for various businesses needing ample space. The site includes a 1,244 square foot building, previously a residence, now utilized as office space. This building is not available for separate lease or residential use. A detached one-car garage provides additional secure storage within the fenced perimeter. The property is zoned I-3, allowing for a range of industrial uses. The single-tenant setup provides a straightforward and efficient operational environment. The existing office space offers immediate functionality, eliminating the need for costly build-outs. The combination of secure outdoor storage and on-site office space makes this property a unique and highly desirable asset for businesses seeking a convenient and efficient location. The property's size and zoning provide flexibility for a variety of industrial applications. The secure fencing and detached garage enhance the overall security and utility of the property. This is a rare opportunity to acquire a well-maintained and versatile industrial property in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.