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    800 N Howard Cavasos Blvd Moriarty, NM

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    For Sale
    $3,460,000

    High-visibility land in Moriarty, NM, ideal for retail or hotel.

    Lot size:
    18.69 Acres

    Property Features for 800 N Howard Cavasos Blvd

    General Information

    Lot size
    18.69 Acres

    Source: Sotheby's | Santa Fe Agent D'Nette Wood

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Moriarty Land on Highway 41

    This 18.694-acre lot is located along Highway 41 and I-40 in Moriarty, NM, a major interstate corridor with a traffic count of 28,395 cars per day. The property's commercial zoning allows for retail, hotel, and mixed-use developments. The site offers prominent frontage for maximum exposure. Multiple lot options are available to accommodate various development needs. The property is ready for development with access to utilities and necessary infrastructure. Additional land may be available.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Moriarty
    County
    Torrance
    State
    New Mexico
    Longitude
    -106.0491893
    Latitude
    34.9900503

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    FAQs

    What type of property is this?
    Land - High-visibility land in Moriarty, NM, ideal for retail or hotel.
    Where is this land located?
    The property is located at 800 N Howard Cavasos Blvd Moriarty, NM.
    What is the asking price?
    The asking price for this property is $3,460,000.
    What are key features of this property?
    This property features: - Prime location with high visibility on Highway 41 and I-40; - High traffic count: 28,395 cars per day on I-40; - Flexible Moriarty commercial zoning allows retail, hotel, and mixed-use developments
    (505) 463-2910
    Request Owner's contact information
    800 N Howard Cavasos Blvd Moriarty, NM
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    Moriarty, NM
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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
    800 N Howard Cavasos Blvd Moriarty, NM
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