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    Rt. 66 Moriarty, NM 87035

    For Sale
    $343,035

    Prime 3.5-acre lot, I-40 access, utilities available.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 3.5-acre commercial property presents a unique investment opportunity in Moriarty, New Mexico. Strategically located on U.S. Route 66 (Tr 2-A-2-B), it enjoys high visibility and convenient access to Interstate 40 via the east interchange. The property boasts a prime location adjacent to Lisa's Truck Stop, ensuring high traffic volume and potential synergy for complementary businesses. All essential utilities – water, sewer, natural gas, electricity, and high-speed internet – are readily available at the street, minimizing development costs and expediting project commencement. Currently zoned M-1 (manufacturing/industrial), the property offers potential for rezoning to accommodate a wider range of commercial uses. Detailed zoning information is available upon request. This affordable land parcel is ideally suited for various commercial ventures, including but not limited to truck stop-related businesses, hotels/motels, or large-format retail establishments. Its location in the heart of New Mexico, coupled with its proximity to I-40, makes it an attractive proposition for businesses seeking to capitalize on the region's robust transportation network and growing economy. The 3.5-acre size provides ample space for substantial development, offering flexibility and scalability for future expansion. Don't miss this chance to acquire a highly desirable commercial property in a thriving location.

    Property Features for Rt. 66

    General Information

    Property type
    Other commercial real estate
    Lot Size
    152,460 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Moriarty
    County
    Torrance
    State
    New Mexico
    Longitude
    -106.0453
    Latitude
    35.00479

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 3.5-acre lot, I-40 access, utilities available.
    Where is this commercial real estate located?
    The property is located at Rt. 66 Moriarty, NM.
    What is the asking price?
    The asking price for this property is $343,035.
    (505) 832-7008
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    Rt. 66 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
    Rt. 66 Moriarty, NM 87035
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