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    & Poplar Central Ave Moriarty, NM 87035

    For Sale
    $467,181

    1.43 Acres, C-2 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.43-acre commercial land parcel presents a unique investment opportunity in the heart of Moriarty, New Mexico. Strategically located on Central Ave & Poplar, this property boasts unparalleled visibility, situated directly on historic US Route 66 and adjacent to US Bank, ensuring high traffic volume and excellent exposure for any commercial venture. The property is zoned C-2, allowing for a wide range of commercial uses. With a land value of $7.50 per square foot, this represents a compelling price point for developers and investors seeking a foothold in a thriving market. The site benefits from a strong daytime population exceeding 5,826, indicating significant potential customer base. Furthermore, the average household income in the area is $36,898, suggesting a healthy consumer spending capacity. This prime location within Moriarty's central business district offers exceptional accessibility and proximity to essential amenities, making it an ideal site for retail development or other commercial enterprises. The property's size and zoning provide ample flexibility for a variety of development plans, catering to diverse business needs. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a growing New Mexico community. The property is located in Torrance County, New Mexico, zip code 87035.

    Property Features for & Poplar Central Ave

    General Information

    Property type
    Land
    Lot Size
    62,291 SF

    HighLights

    • $467,181 asking price for 1.43 acres of commercial land.
    • C‑2 zoning.
    • $7.50/SF land value.
    • High visibility retail site adjacent to US Bank in Moriarty, NM's central business district.
    • Located on historic US Route 66.
    • Average household income: $36,898; daytime population: over 5,826.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Moriarty
    County
    Torrance
    State
    New Mexico
    Longitude
    -106.060301
    Latitude
    35.008957

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    FAQs

    What type of property is this?
    Land - 1.43 Acres, C-2 Zoning, High Visibility
    Where is this land located?
    The property is located at & Poplar Central Ave Moriarty, NM.
    What is the asking price?
    The asking price for this property is $467,181.
    What are key features of this property?
    This property features: $467,181 asking price for 1.43 acres of commercial land.; C-2 zoning.; $7.50/SF land value.
    (505) 880-7050
    Request Owner's contact information
    & Poplar Central Ave 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
    & Poplar Central Ave Moriarty, NM 87035
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