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    C-2 Lexco Est Phase 1 Moriarty, NM 87035

    For Sale
    $52,500

    Prime 1.26-acre commercial lot. Utilities available.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 1.26-acre commercial lot, identified as Lot C-2 in Lexco Estates Phase 1, Moriarty, New Mexico, presents a remarkable opportunity for businesses seeking high visibility and convenient access. Strategically located just off the iconic Route 66 and Lexco Road, this property benefits from significant traffic flow between the thriving communities of Edgewood and Moriarty. The lot is designated as a level M-1 commercial parcel, ensuring ease of development and construction. All essential utilities are readily available, including electricity, natural gas, water, and sewer connections, eliminating the complexities and delays often associated with new construction. The infrastructure is fully developed, with paved and curbed roads already in place. The property's Route 66 frontage guarantees exceptional exposure to a constant stream of vehicles, maximizing marketing potential and attracting a wide range of customers. This is a truly turnkey opportunity, ready for immediate development. The seller also has adjacent lots available, offering the potential for expansion or the acquisition of additional acreage. Interested parties should inquire about the availability of these neighboring lots using MLS#1023656 and MLS#1023658 for further details. This is an exceptional investment opportunity in a rapidly growing area. Don't miss out on this chance to secure a prime commercial location on historic Route 66.

    Property Features for C-2 Lexco Est Phase 1

    General Information

    Property type
    Other commercial real estate
    Lot Size
    54,886 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Moriarty
    County
    Torrance
    State
    New Mexico
    Longitude
    -106.1207
    Latitude
    35.01151

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 1.26-acre commercial lot. Utilities available.
    Where is this commercial real estate located?
    The property is located at C-2 Lexco Est Phase 1 Moriarty, NM.
    What is the asking price?
    The asking price for this property is $52,500.
    (505) 798-6300
    Request Owner's contact information
    C-2 Lexco Est Phase 1 Moriarty, NM 87035
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    C-2 Lexco Est Phase 1 Moriarty, NM 87035
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