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Property profile & analytics
FOR LEASE
Outlet malls

1504 W Broadway Ave Bloomfield, NM 87413

4,000 SF 0.6 ac lot Built 2004
Entity Owned 12-yr Hold Free & Clear
Property ID
US61-0363136
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2004
Total area 4,000 SF
Lot 0.6 ac (26,310 SF)
APN 2064170255276
UPID US61-0363136
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bloomfield West LLC · 12 yrs held
Bloomfield West LLC
since 2013
2 recorded transactions
2013
Price N/A
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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