Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    C-3 Lexco Est Phase 1 Moriarty, NM 87035

    For Sale
    $71,500

    Prime 1.68-acre commercial lot. High traffic, utilities available.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 1.68-acre commercial lot, identified as Lot C-3 in Lexco Estates Phase 1, Moriarty, New Mexico, presents a unique investment opportunity. Strategically located just off the historic Route 66 and Lexco Road, this property benefits from high visibility and significant traffic flow between the thriving communities of Edgewood and Moriarty. The lot is level and ready for immediate development, boasting all essential utilities already in place. These include buried power lines for electricity, natural gas, water, and sewer connections, eliminating costly infrastructure setup. The property features paved and curbed roads, ensuring easy access and a well-maintained environment. Its prime Route 66 frontage guarantees substantial exposure to a constant stream of vehicles. This is not the only lot available

    Property Features for C-3 Lexco Est Phase 1

    General Information

    Property type
    Other commercial real estate
    Lot Size
    73,181 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

    Nearby Similar for Sale

    • $800,000
      7,875 SF

      Retail Building on Central Avenue

      Retail building on the main thoroughfare in Moriarty.
      600 Central Ave, Moriarty, NM
      View Details
    • $245,000
      371 SF

      Restaurant and Land For Sale

      Restaurant on Route 66 with additional land included.
      503 Central Ave, Moriarty, NM
      View Details
    • $400,000
      Pending

      Moriarty Land with Assumable Loan

      5+ acres with house, barn, solar, wind, assumable loan!
      5 Yucca Ln, Moriarty, NM 87035
      View Details
    • $361,983
      4.18 Acres

      Moriarty Commercial Land - I-40 Access

      Prime 4.18-Acre Commercial Lot
      Hazel St, Moriarty, NM 87035
      View Details
    • $50,000
      1.00 Acre

      Moriarty Commercial Lot - Route 66

      Prime Route 66 commercial land, ready to build.
      C-4 Lexco Est Phase 1, Moriarty, NM 87035
      View Details
    • $82,000
      1.43 Acres

      Moriarty Commercial Lot - Route 66

      Prime 1.43-acre commercial lot, Route 66 access.
      C-9 Lexco Est Phase 1, Moriarty, NM 87035
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime 1.68-acre commercial lot. High traffic, utilities available.
    Where is this commercial real estate located?
    The property is located at C-3 Lexco Est Phase 1 Moriarty, NM.
    What is the asking price?
    The asking price for this property is $71,500.
    (505) 798-6300
    Request Owner's contact information
    C-3 Lexco Est Phase 1 Moriarty, NM 87035
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    C-3 Lexco Est Phase 1
    Moriarty, NM 87035
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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-3 Lexco Est Phase 1 Moriarty, NM 87035
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.