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Property profile & analytics
OFF-MARKET
Commercial real estate

1ST St St Bloomfield, NM 87413

37 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 37-acre commercial property presents a significant development opportunity in Bloomfield, New Mexico. Strategically located on 1st Street (US 550), this vacant land boasts approximately 1386 linear feet of road frontage, ensuring high visibility and accessibility. The property's expansive size allows for the construction of a substantial commercial building, catering to a variety of businesses, or it could accommodate a growing commercial enterprise alongside a potential industrial operation. A key advantage is the existing infrastructure at the north end of the property, which includes readily available electricity, sewer, and water lines, significantly reducing development costs and timelines. Further enhancing its appeal, a preliminary, engineered subdivision map is available for review, providing a clear vision for potential development plans. This property represents a rare chance to acquire a large, well-situated parcel in a growing area, offering substantial potential for long-term investment and return. The seller is the owner of the property. The property is also listed under LAND MLS #22-1157. This information is for informational purposes only and should be verified independently.

Property profile
Verified
Property type Commercial real estate
Lot 37 ac (1,611,720 SF)
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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