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Level M-1 Industrial Land
For Sale
$94,000

Lot C-5 Lexco Estates Phase 1, Moriarty, NM 87035

CommercialSale, Moriarty, NM

Property SizeContact for details
Lot Size1.89 Acres
Days on Market1449

Property Features for Lot C-5 Lexco Estates Phase 1

General Information

Property type Commercial Sale
Property subtype Other
Zoning description M-1
Directions From I-40 East, take exit 187 onto NM-344 toward Edgewood. Turn left onto Historic Route 66, and travel 4.8 miles. Turn Right on Lexco Rd and make your first left on Santa Rita Road and property is on the right on the corner of Santa Rita and Santa Maria Rd.
Subdivision 291 - South Moriarty
Standard status Active
APN 10440541601150
Lot size 1.89 Acres

Taxes and HOA fees

Tax Description Subd: LEXCO ESTATES PHASE 1 Lot: C-5 MORIARTY LEXCO ESTATES PHASE 1 LOT C-5
Tax Annual Amount 305
Legal Description Subd: LEXCO ESTATES PHASE 1 Lot: C-5 MORIARTY LEXCO ESTATES PHASE 1 LOT C-5
Listing Agency: Berkshire Hathaway NM Prop · Berkshire Hathaway HomeServices
Listed By: Carrie L. Polk · License #48793
Added: Sep 16, 2022 Changed: Aug 19 Last Checked: Sep 3 at 3:06AM
MLS# 1023660

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.89-acre industrial land parcel is level and designated M-1. The site is part of a development with paved, curbed roads and Route 66 frontage, providing a defined commercial setting near Lexco Road.

Utility infrastructure includes electricity, natural gas, water, and sewer, with buried power lines serving the development. The property is positioned between Edgewood and Moriarty, with access to Route 66 and Lexco Road. The parcel is identified as Lot C-5 in Lexco Estates Phase 1.

Key Highlights

  • 1.89‑acre level industrial land parcel
  • M‑1 zoning
  • Electricity, natural gas, water, and sewer in place

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

Demographics for 87035, NM

7,285
Population
2,884
Households
2.5
Avg Household Size
43
Median Age
9%
College-Educated
82%
High-School Grad
342.7 sq mi
ZIP Area
21
Density / Sq Mi
$40,688
Median Household Income
$27,428
Median Earnings
$797
Median Rent
$147,600
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Level M-1 land with paved, curbed roads and utility service in place.
Where is this industrial land located?
The property is located at Lot C-5 Lexco Estates Phase 1 Moriarty, NM.
What is the asking price?
The asking price for this property is $94,000.
What are key features of this property?
This property features: 1.89‑acre level industrial land parcel; M‑1 zoning; Electricity, natural gas, water, and sewer in place
More about this property
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