C-6 Lexco Est Phase 1 Moriarty, NM 87035
- Commercial real estate
- 1.44 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for C-6 Lexco Est Phase 1
- Lot size
- 1.44 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.44-acre commercial lot is ideally situated in the Lexco Estates Phase 1 development in Moriarty, New Mexico. Boasting a highly desirable location just off historic Route 66 and Lexco Road, this property benefits from significant traffic flow between the nearby communities of Edgewood and Moriarty. The lot is completely level and ready for immediate development. All essential utilities are conveniently in place, including buried power lines for electricity, natural gas, water, and sewer connections – eliminating the need for extensive upfront infrastructure investment. The development features paved and curbed roads, ensuring easy access and a well-maintained environment. The strategic Route 66 frontage guarantees high visibility and exposure to a substantial volume of daily traffic. This presents a unique opportunity for businesses seeking a prominent location with excellent accessibility. While this specific listing encompasses 1.44 acres, the possibility of acquiring additional adjacent lots exists. This makes it suitable for a variety of commercial ventures, from small businesses to larger-scale developments. The property is priced competitively at $83,000, offering a compelling investment opportunity in a rapidly growing area. Don't miss this chance to secure a prime commercial location on historic Route 66.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moriarty
- County
- Torrance
- State
- New Mexico
- Longitude
- -106.121
- Latitude
- 35.0115