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Property profile & analytics
OFF-MARKET
Land

0 Xx Illinois Bloomfield, NM 87413

Property ID
Property summary
AI-generated overview

This exceptional 0 square foot parcel of land presents a unique investment opportunity in Bloomfield, New Mexico. Located on XX Illinois Street, this non-residential zoned property offers significant potential for various commercial or residential developments. Its unrestricted nature allows for the construction of site-built homes or mobile homes, catering to a diverse range of projects. The property's convenient location places it just minutes away from Naaba Ani Elementary School, enhancing its appeal and accessibility. While the lot size is currently listed as 0 square feet, this is likely a data entry error and further clarification should be sought. The property benefits from the proximity of readily available utilities, with city sewer conveniently located along the highway. This presents a significant advantage for developers, streamlining the construction process and reducing associated costs. Furthermore, the opportunity exists to acquire adjoining parcels, identified by MLS numbers 24-1270, 24-1273, and 24-1274, allowing for expansion or consolidation of land holdings. The asking price of $45,000 makes this an attractive proposition for investors seeking a versatile and strategically located property in Bloomfield, NM. The property is situated in San Juan County, New Mexico, with a zip code of 87413. Interested parties are encouraged to conduct their own due diligence to verify the exact lot size and other relevant details.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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