147 Ac. Lexco Rd Moriarty, NM 87035
- Land
- 147.18 lot acres
Current Use by Public Records
- Land
Property Details for 147 Ac. Lexco Rd
- Lot size
- 147.18 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 147.18-acre property, located at 147 Ac. Lexco Rd. in Moriarty, New Mexico, presents a compelling investment opportunity. Situated conveniently near the intersection of Lexco Road and Route 66, this expansive land parcel offers significant potential for diverse development projects. Currently zoned I1, the property allows for the filing of applications for desired zoning changes, opening up a range of possibilities for future use. The location within Moriarty city limits ensures access to nearby utilities, simplifying infrastructure development. The asking price for this substantial land holding is $570,000. Given its size, location, and zoning flexibility, this property is ideally suited for investors seeking a large-scale project with considerable upside. The versatile nature of the land, encompassing residential, commercial, and agricultural subtypes, provides a broad spectrum of development options. Prospective buyers are encouraged to explore the possibilities this unique property offers within the thriving community of Moriarty, New Mexico, zip code 87035. The coordinates for this property are latitude 35.02588 and longitude -106.11805.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moriarty
- County
- Santa Fe
- State
- New Mexico
- Longitude
- -106.118
- Latitude
- 35.0259
