C-5 Lexco Est Phase 1 Moriarty, NM 87035
This exceptional 1.89-acre commercial lot, identified as Lot C-5 in Lexco Estates Phase 1, Moriarty, New Mexico, presents a unique investment opportunity. Strategically located just off historic Route 66 and Lexco Road, this property benefits from high visibility and significant traffic flow between the thriving communities of Edgewood and Moriarty. The lot is designated as a level M-1 commercial parcel, ensuring versatile development potential. All essential utilities are readily available, including buried power lines for electricity, natural gas, water, and sewer connections – eliminating costly infrastructure setup. The development boasts paved and curbed roads, enhancing accessibility and aesthetic appeal. The property's proximity to Route 66 guarantees substantial traffic exposure, making it ideal for a wide range of commercial ventures. Furthermore, the possibility of acquiring an adjacent 1-acre lot (MLS #1023659) offers expansion potential for larger-scale projects. This is a rare chance to secure a well-situated, fully serviced commercial lot in a rapidly growing area. The asking price for this exceptional property is $94,000.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.