1504 W Broadway Ave Bloomfield, NM 87413
For Lease
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This exceptional commercial land parcel, located at 1504 W Broadway Avenue, presents a unique investment opportunity. The property boasts a sizable 4,000 square foot lot, ideal for a variety of commercial developments. Its single-tenant designation offers flexibility for customized construction and streamlined management. The site's zoning allows for a range of commercial uses, making it suitable for businesses seeking a prominent location with high visibility. Given its size and location, this property is well-suited for a variety of commercial ventures, from retail establishments to small-scale industrial operations. The absence of existing structures provides a blank canvas for a new build, allowing for complete design control and the incorporation of modern, energy-efficient features. Prospective buyers will appreciate the potential for significant return on investment, given the strategic location and the opportunity to create a bespoke commercial space. The property is ready for immediate development, offering a streamlined path to occupancy. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a prime commercial lot in a desirable location, offering significant potential for growth and profitability. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.