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Property profile & analytics
OFF-MARKET
Land

0 X Illinois Bloomfield, NM 87413

Property ID
Property summary
AI-generated overview

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.

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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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