Current Use by Public Records
- Commercial real estate
Property Details for C-4 Lexco Est Phase 1
- Lot size
- 1.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1-acre commercial lot (Lot C-4) in the Lexco Estates Phase 1 development presents a unique opportunity for businesses seeking high visibility and convenient access. Situated just off historic Route 66 and Lexco Road, this level lot boasts a prime location between the thriving communities of Edgewood and Moriarty, New Mexico. The property benefits from existing infrastructure, including readily available utilities: electricity, natural gas, water, and sewer connections are all in place, with buried power lines ensuring a clean and efficient setup. Well-maintained paved and curbed roads enhance accessibility and contribute to a professional aesthetic. The strategic Route 66 frontage guarantees significant traffic exposure, providing unparalleled potential for attracting customers. This lot is ideal for a variety of commercial ventures. While this listing focuses on the 1-acre parcel, it's important to note that additional adjacent lots are also available for purchase, offering the possibility of expansion or consolidation for larger-scale projects. One adjacent lot measures 1.68 acres (MLS# 1023658), and another spans 1.89 acres (MLS# 1023660). This presents a rare chance to acquire a substantial commercial footprint in a high-traffic area with all utilities readily available. The asking price for this exceptional 1-acre lot is $50,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moriarty
- County
- Torrance
- State
- New Mexico
- Longitude
- -106.121
- Latitude
- 35.0115
