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    Hazel St Moriarty, NM 87035

    For Sale
    $361,983

    Prime 4.18-Acre Commercial Lot

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 4.18-acre commercial property presents a unique investment opportunity in Moriarty, New Mexico. Strategically located on Hazel Street, just off historic Route 66 and minutes from the Interstate 40 interchange, this site boasts unparalleled accessibility and visibility. The property is zoned C-1, Light Commercial, offering versatility for a range of commercial developments, including personal services, shopping centers, or restaurants. While a Conditional Use Permit may be necessary depending on the specific project, the potential for significant return on investment is undeniable. All essential utilities—water, sewer, natural gas, electricity, and high-speed internet—are readily available on nearby Route 66, simplifying the extension process to the property. The asking price of $361,983 reflects the affordability of this prime commercial land in a rapidly growing area of New Mexico. Please note that a portion of the property falls within a designated flood zone, as detailed in the provided plat of survey. Detailed zoning information is available in the accompanying documents. This is a rare chance to acquire a well-situated, sizable commercial lot with excellent access to major transportation arteries, making it an ideal location for businesses seeking high visibility and convenient access for customers. Don't miss this opportunity to establish your business in a thriving New Mexico community.

    Property Features for Hazel St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    182,081 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Moriarty
    County
    Torrance
    State
    New Mexico
    Longitude
    -106.0413
    Latitude
    35.00518

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 4.18-Acre Commercial Lot
    Where is this commercial real estate located?
    The property is located at Hazel St Moriarty, NM.
    What is the asking price?
    The asking price for this property is $361,983.
    (505) 832-7008
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    Hazel St 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
    Hazel St Moriarty, NM 87035
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