For Sale
$420,000

1945 Broadway Blvd Bloomfield, NM 87413

Five-parcel commercial property, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity encompasses five parcels totaling 43,560 square feet of commercial land strategically located in the heart of Bloomfield, New Mexico. The property includes a diverse range of established businesses, presenting a rare chance to acquire multiple income-generating assets in the Four Corners region. The portfolio consists of 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 combined cap rate for all five parcels is 6.18%, with individual parcel cap rates ranging from 5.7% to 10.88%, indicating strong potential for return on investment. The individual parcel addresses are 1600 W Broadway, 1945 W Broadway, 101 Ruth, 1019 W Broadway, and 912 N 1st, all within Bloomfield, NM, zip code 87413. The total asking price for this unique, multi-business property is $420,000. This is a turnkey opportunity to acquire a well-established and profitable commercial portfolio.

Highlights

  • $420,000 asking price.
  • 2,835 square foot land parcel.
  • 43,560 square foot lot size.
  • Located at 1945 W Broadway Boulevard, Bloomfield, NM 87413.
  • Five-parcel commercial property portfolio including a truck wash, de-mudding wash, two car washes, a 108-unit mini-storage, a manufactured home, and a large shop.

Property Details for 1945 Broadway Blvd

Property type
Land
Square Feet
2,835 SF

Location Insight

City
Bloomfield
County
San Juan
State
New Mexico
Latitude
36.710799
Longitude
-108.0017343

FAQs

What type of property is this?
Land - Five-parcel commercial property, high ROI.
Where is the land located?
The property is located at 1945 Broadway Blvd Bloomfield, NM.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: $420,000 asking price.; 2,835 square foot land parcel.; 43,560 square foot lot size.
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.
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1945 Broadway Blvd
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