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    35 Moreno Vly Colfax, NM 87740

    For Sale
    $1,100,000

    Prime Colfax location, 15 acres, endless potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 15-acre commercial property in Colfax, New Mexico presents a unique investment opportunity. Situated in the desirable Moreno Valley, it boasts stunning views of Wheeler Peak and enjoys unparalleled proximity to key amenities. Angel Fire's Golf Course, Ski Resort, Airport, Clinic, High School, hardware stores, and restaurants are all within minutes, ensuring high visibility and accessibility for any commercial venture. The property's infrastructure is already significantly developed

    Property Features for 35 Moreno Vly

    General Information

    Property type
    Other commercial real estate
    Lot Size
    653,400 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Colfax
    County
    Colfax
    State
    New Mexico
    Longitude
    -104.4424
    Latitude
    36.8442

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Colfax location, 15 acres, endless potential.
    Where is this commercial real estate located?
    The property is located at 35 Moreno Vly Colfax, NM.
    What is the asking price?
    The asking price for this property is $1,100,000.
    (505) 557-4976
    Request Owner's contact information
    35 Moreno Vly Colfax, NM 87740
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    Colfax, NM 87740
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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
    35 Moreno Vly Colfax, NM 87740
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