Secure Lot Flex
817 Central Ave Moriarty, NM 87035
For Sale
$287,000
Metal flex/warehouse building on a large secure, fenced lot with high visibility near I-40 access.
Property Size1,500 SF
Price / SF$191.33
Days on Market89
Property Features for 817 Central Ave
General Information
- Standard status
- Active
- Size
- 1,500 SF
Listing Agency:
The Sanchez Group Realty
(505) 720-4332
Listed By:
Brandon C Sanchez · License #20197
(505) 720-4332
Source:
Exprealty
Added: Apr 29
Changed: Jul 25
Last Checked: Jul 25 at 8:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Sanchez Group Realty
Investment Insights
Based on property information with market context.
This is a 1,500-square-foot metal building designed for flex/warehouse use, set on a large, secure lot. The property includes both metal fencing and chain-link fencing, creating a controlled perimeter suitable for storing materials or equipment.
The site is described as having high visibility along historic Route 66, with easy access just off the I-40 exit.
Zoning is identified as C-2, heavy commercial. Owner financing and/or trades are noted as possible terms.
The site is described as having high visibility along historic Route 66, with easy access just off the I-40 exit.
Zoning is identified as C-2, heavy commercial. Owner financing and/or trades are noted as possible terms.
Key Highlights
- 1500 SF metal flex/warehouse building
- Large secure lot with metal and chain link fencing
- High visibility on Historic Route 66
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.0k | $12.00 |
| − Vacancy | −$1.1k | −$0.72 |
| EGI | $16.9k | $11.28 |
| − OpEx | −$5.9k | −$3.95 |
| NOI | $11.0k | $7.33 |
1,500 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$157.1K
$137.5K – $183.3K
NOI $10,998 @ 7.0% cap · market cap 3.83%
Second Best
Warehouse
$146.1K
$127.9K – $170.5K
NOI $10,228 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$304.9K
$266.8K – $355.8K
NOI $21,345 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Metal flex/warehouse building on a large secure, fenced lot with high visibility near I-40 access.
Where is this flex space located?
The property is located at 817 Central Ave Moriarty, NM.
What is the asking price?
The asking price for this property is $287,000.
What are key features of this property?
This property features: 1500 SF metal flex/warehouse building; Large secure lot with metal and chain link fencing; High visibility on Historic Route 66
