For Sale
$230,000

1019 Broadway Blvd Bloomfield, NM 87413

Five-parcel commercial property; high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity encompasses five parcels totaling 3,640 square feet of commercial land strategically located in the heart of Bloomfield, New Mexico. This rare offering presents a chance to acquire multiple established businesses 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 large shop. Each parcel is individually listed but sold contingent upon the purchase of all others. The properties are situated at 1600 W Broadway, 1945 W Broadway, 101 Ruth, 1019 W Broadway, and 912 N 1st in Bloomfield, NM, zip code 87413. Individual cap rates range from 5.7% to 10.88%, with a combined cap rate of 6.18% for the entire portfolio. This presents a compelling investment opportunity with strong potential for significant returns. The asking price for the entire portfolio is $230,000. This is a unique chance to acquire a diverse and established commercial property portfolio in a thriving market. The lot size for the entire portfolio is 3,640 square feet.

Highlights

  • $230,000 asking price for five commercial parcels in Bloomfield, NM.
  • 3,640 square feet of land total.
  • Includes a truck wash, de-mudding wash, two car washes, a 108-unit mini-storage, a manufactured home, and a large shop.
  • Located in the heart of Bloomfield, NM.
  • Individual parcel cap rates range from 5.7% to 10.88%; combined cap rate is 6.18%.

Property Details for 1019 Broadway Blvd

Property type
Land
Square Feet
3,640 SF

Location Insight

City
Bloomfield
County
San Juan
State
New Mexico
Latitude
36.7108714
Longitude
-107.9914024

FAQs

What type of property is this?
Land - Five-parcel commercial property; high ROI potential.
Where is the land located?
The property is located at 1019 Broadway Blvd Bloomfield, NM.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: $230,000 asking price for five commercial parcels in Bloomfield, NM.; 3,640 square feet of land total.; Includes a truck wash, de-mudding wash, two car washes, a 108-unit mini-storage, a manufactured home, and a large shop.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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1019 Broadway Blvd
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