0 Xxx 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, this property sits between the towns of Aztec and Bloomfield, offering easy access to local amenities and the Naaba Ani Elementary School, just minutes away. Currently zoned for non-residential use, this unrestricted land provides remarkable flexibility for a variety of development projects. Whether you envision a commercial venture or a residential development, this lot offers the potential for site-built homes or mobile homes. The property benefits from the proximity of readily available utilities, including city sewer connections, simplifying the development process. This is an excellent opportunity for investors seeking a versatile and conveniently located land parcel. Note that adjoining parcels are also available for sale, either individually or as a combined purchase. For further details on these adjacent properties, please refer to MLS numbers 24-1270, 24-1271, and 24-1273. This represents a compelling chance to acquire land in a growing area of New Mexico at an attractive price point of $45,000.
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.