3700 1St St Bloomfield, NM 87413
- Commercial real estate
- 4.03 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3700 1St St
- Year built
- 2000
- Lot size
- 4.03 lot acres
- Property type
- Commercial real estate
Description
This exceptional 4.03-acre commercial land parcel presents a unique investment opportunity in Bloomfield, New Mexico. Located at 3700 N 1st Street, this property boasts approximately 550 feet of frontage along Highway 550, offering excellent visibility and accessibility. Built in 2000, the land is conveniently situated about four miles south of Aztec, NM. City water and power are readily available. A significant portion of the property is already secured with six-foot security fencing on two sides, ideal for various commercial uses. Its proximity to Navajo Lake (24.6 miles) and the Four Corners region makes it particularly attractive for businesses catering to the recreational vehicle and boating markets, such as RV or boat storage facilities. The high demand for such storage options in this area presents a compelling investment case. Alternative uses could include a mini-home park or mini-storage units. The scarcity of comparable commercial tracts with these features further enhances its value. This property is priced to sell at $250,000, significantly reduced from its previous listing price. The zoning and potential uses should be verified independently.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bloomfield
- County
- San Juan
- State
- New Mexico
- Longitude
- -107.9769917
- Latitude
- 36.7658222
