Current Use by Public Records
- Specialty properties
Property Details for 200-206 Broadway Ave
- Lot size
- 0.80 lot acres
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional investment opportunity presents a fully leased commercial property situated at 200-206 W. Broadway in Bloomfield, New Mexico, 87413. The property encompasses a substantial 4,800 square feet on a 0.8-acre lot, offering significant frontage along West Broadway (US 64 and US 550). This prime location ensures high visibility and accessibility, maximizing its commercial potential. The property consists of three updated retail suites, all currently occupied under multi-year leases, guaranteeing a stable income stream. Adding to its value is a separate 0.32-acre vacant corner lot, also leased, further enhancing the investment's return. The property's strategic location on a major highway provides 250 feet of high-traffic frontage, attracting a large customer base. This turnkey investment is priced at $550,000 and represents a rare opportunity to acquire a well-established, income-producing commercial property in a thriving New Mexico market. The property is classified as Special Purpose and Land.
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
- -107.981
- Latitude
- 36.7118
