Trl B-2-A-3 Otto Rd Moriarty, NM 87035
- Land
- 5.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Trl B-2-A-3 Otto Rd
- Lot size
- 5.00 lot acres
- Property type
- Land
Description
This exceptional 5-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-2 zoning allows for a wide range of commercial uses, making it ideal for entrepreneurs seeking a high-traffic location. Situated within the city limits of Moriarty, this lot benefits from readily available utilities, although buyers should note that water, power, natural gas, telephone, internet, and road surfacing are currently under construction. A buyer-installed septic tank is required. Moriarty is a growing community experiencing significant development, creating a strong demand for new businesses. The location offers convenient access to both Albuquerque and Santa Fe, providing a strategic advantage for businesses seeking to serve a wider regional market. This property's prime location and potential for growth make it an attractive investment for those seeking a foothold in a thriving New Mexico market. The asking price is $762,300. The address is TR B-2-A-3 Otto Road, Moriarty, NM 87035.
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
- Torrance
- State
- New Mexico
- Longitude
- -106.048
- Latitude
- 34.9934