C-8 Lexco Est Phase 1 Moriarty, NM 87035
- Commercial real estate
- 1.43 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for C-8 Lexco Est Phase 1
- Lot size
- 1.43 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.43-acre commercial lot, situated in the desirable Lexco Estates Phase 1 in Moriarty, New Mexico, presents a remarkable opportunity for businesses seeking a high-visibility location. Conveniently located just off historic Route 66 and Lexco Road, this level lot benefits from significant traffic flow between the thriving communities of Edgewood and Moriarty. All essential utilities are readily available, including electricity, natural gas, water, and sewer connections, eliminating the complexities of infrastructure development. The property boasts paved and curbed roads, ensuring easy access and a well-maintained environment. The development itself offers direct Route 66 frontage, guaranteeing maximum exposure to a constant stream of vehicles. This presents an ideal location for a variety of commercial ventures. The lot's flat terrain simplifies construction, minimizing site preparation costs and accelerating project timelines. Furthermore, the possibility of acquiring an adjacent 1.44-acre lot (MLS #1023673) provides an opportunity for expansion or consolidation. This prime location and infrastructure readiness make this an exceptional investment for discerning businesses seeking a strategic foothold in a growing area. The asking price for this exceptional property is $82,000.
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
- -106.121
- Latitude
- 35.0115