Moriarty, NM 87035
This exceptional 8-acre commercial lot presents a unique investment opportunity in Moriarty, New Mexico. Strategically located just off Interstate 40 on the north frontage road, this property boasts excellent visibility for any business. The C-1 zoning allows for a wide range of commercial uses, making it ideal for entrepreneurs seeking high-traffic exposure. Situated within the city limits of Moriarty, this lot benefits from convenient access to essential utilities. While water, power, natural gas, telephone, and internet services are currently under construction, the property's road surfacing is also under development, promising a smooth and efficient setup for future operations. Buyers should note that septic tank installation will be required. Moriarty is a thriving, developing community experiencing significant growth, presenting a strong market for new businesses. Its location offers easy commuting distance to both Albuquerque and Santa Fe, expanding the potential customer base and workforce pool. This property's prime location and promising future make it an attractive investment for those seeking a foothold in a rapidly expanding New Mexico market. The asking price is $69,696. The property is identified as Lot 20-R, located in Torrance County, New Mexico, zip code 87035.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.