291 Mustang Ln Bloomfield, NM 87413
This exceptional 304,920 square foot parcel of land presents a unique opportunity for investors and developers alike. Located within the city limits of Bloomfield, New Mexico, this desirable property boasts a level topography, making it ideal for a variety of uses. Currently zoned Rural Residential 1, the possibilities are numerous. Before closing, a new survey will be completed to ensure accuracy, resulting in a correct legal description, a newly assigned Assessor account, and a new parcel number. The property is conveniently situated at 291 Mustang Lane, Bloomfield, NM 87413 (36.7131209, -107.9570048), within San Juan County. The asking price for this expansive land is $215,000. Please note that property taxes are subject to change upon the sale of the property. This is a rare chance to acquire a significant piece of land in a growing community, offering substantial potential for future development or investment. Don't miss this opportunity to secure your piece of Bloomfield.
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
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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.