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    115 Martinez Rd Moriarty, NM 87035

    For Sale
    $900,000

    15,000 SF Office & Warehouse, NM

    Property size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Moriarty, NM property presents a unique investment opportunity encompassing a substantial 15,000 square foot building, ideally suited for a variety of commercial uses. The property is comprised of both office and warehouse space, offering flexibility for diverse business needs. Approximately 1,048 square feet of office space is available, featuring shared restrooms and a kitchen area (not included in the total square footage). The expansive warehouse component provides ample room for storage or manufacturing operations. Situated on a generous 1.83-acre lot, the property boasts extensive on-site parking and additional storage capabilities. Its strategic location offers unparalleled convenience, being less than one mile from Interstate 40 and a short 35-minute drive from Albuquerque's I-25, providing easy access to major transportation arteries and a large workforce pool. The asking price for this turnkey property is $900,000, representing a compelling investment opportunity in a rapidly growing area. The property is located at 115 Martinez Rd, Moriarty, NM 87035, in Torrance County.

    Property Features for 115 Martinez Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    15,000 SF

    HighLights

    • 15,000 square foot building with office and warehouse space.
    • 1,048 square feet of office space with shared restrooms and kitchen.
    • Large warehouse area ideal for storage or manufacturing.
    • 1.83‑acre lot with ample parking and additional storage.
    • Excellent location: less than one mile from I‑40 and a 35‑minute drive to Albuquerque's I‑25.
    • $900,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ERGO GRIP Manufacturer

    Suggested Use

    Hair Salon Pharmacy Gym & Fitness Law Firm Kitchen & Bath Realty agency Computer & Electronic Repair Pawn Shop Smoke and Vape Shop Barber Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Moriarty
    County
    Torrance
    State
    New Mexico
    Longitude
    -106.04397684335
    Latitude
    34.997057278975

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    FAQs

    What type of property is this?
    Distribution property - 15,000 SF Office & Warehouse, NM
    Where is this distribution property located?
    The property is located at 115 Martinez Rd Moriarty, NM.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: 15,000 square foot building with office and warehouse space.; 1,048 square feet of office space with shared restrooms and kitchen.; Large warehouse area ideal for storage or manufacturing.
    Request Owner's contact information
    115 Martinez Rd Moriarty, NM 87035
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    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
    115 Martinez Rd Moriarty, NM 87035
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