1945 Broadway Blvd Bloomfield, NM 87413
- Land
- 2,835 SF
Current Use by Public Records
- Land
Property Details for 1945 Broadway Blvd
- Property size
- 2,835 SF
- Property type
- Land
Description
This exceptional investment opportunity encompasses five parcels totaling 43,560 square feet of commercial land strategically located in the heart of Bloomfield, New Mexico. The property includes a diverse range of established businesses, presenting a rare chance to acquire multiple income-generating assets in the Four Corners region. The portfolio consists of a truck wash, a de-mudding wash, two car washes, a 108-unit mini-storage facility, a manufactured home, and a large shop. Each parcel is individually listed but sold contingent upon the purchase of all others. The combined cap rate for all five parcels is 6.18%, with individual parcel cap rates ranging from 5.7% to 10.88%, indicating strong potential for return on investment. The individual parcel addresses are 1600 W Broadway, 1945 W Broadway, 101 Ruth, 1019 W Broadway, and 912 N 1st, all within Bloomfield, NM, zip code 87413. The total asking price for this unique, multi-business property is $420,000. This is a turnkey opportunity to acquire a well-established and profitable commercial portfolio.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bloomfield
- County
- San Juan
- State
- New Mexico
- Longitude
- -108.002
- Latitude
- 36.7108
