0 X Illinois Bloomfield, NM 87413
This exceptional 0 square foot land parcel presents a unique investment opportunity in Bloomfield, New Mexico. Located conveniently off N. 1st Street, between Aztec and Bloomfield, this property enjoys a prime location just minutes from Naaba Ani Elementary School. Currently zoned for non-residential use, this unrestricted land offers remarkable flexibility. It's suitable for a variety of commercial or residential developments, accommodating both site-built homes and mobile homes. The property's strategic position ensures easy access to essential utilities, with city sewer conveniently located along the highway. This presents a significant advantage for future development plans. Note that this parcel is part of a larger group of adjoining properties, and these parcels can be purchased individually or as a combined package. For further details on the adjoining properties, please refer to MLS numbers 24-1270, 24-1271, and 24-1274. This is an excellent chance to acquire land in a growing area with diverse development possibilities. The asking price for this specific parcel is $45,000. Don't miss this opportunity to secure a piece of New Mexico real estate with significant potential.
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
Similar Nearby for Lease
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.