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    FOR SALE
    Self service car washes

    1600 W Broadway Ave Bloomfield, NM 87413

    14,203 SF 4.86 ac lot Built 1992
    Entity Owned Free & Clear
    Property ID
    US61-0521783
    1600 W Broadway Ave, Bloomfield, NM 87413 For Sale 1 / 39
    $4,550,000 14,203 SF
    1600 W Broadway Ave, Bloomfield, NM 87413
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    Property summary
    AI-generated overview

    This exceptional investment opportunity encompasses five distinct, established businesses strategically located in the heart of Bloomfield, New Mexico, within the Four Corners region. The portfolio includes a truck wash, a de-mudding wash, two car washes, a 108-unit mini-storage facility, a manufactured home, and a substantial shop. All five parcels are being sold together, contingent upon the purchase of all properties. Individual parcel addresses are 1600 W Broadway, 1945 W Broadway, 101 Ruth, 1019 W Broadway, and 912 N 1st. This rare offering presents a unique chance to acquire a diverse and profitable commercial portfolio. The properties are currently generating strong returns, with individual cap rates ranging from 5.7% to 10.88%. The combined cap rate for the entire portfolio is calculated at 6.18%. The total land area comprises 4.86 acres. A detailed breakdown of each business's financial performance is available upon request. This is an ideal investment for those seeking a diversified, high-yield commercial property portfolio in a growing market. The combined properties offer significant potential for future growth and expansion. Serious inquiries only.

    Property profile
    Verified
    Property type Self service car washes
    Use group CAR WASH - SELF-SERVE
    Year built 1992
    Total area 14,203 SF
    Lot 4.86 ac (211,876 SF)
    APN 2064170311304
    UPID US61-0521783
    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
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    Owner & transaction history
    1600 WEST BROADWAY LLC
    1600 WEST BROADWAY LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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