2376 Nm-333 Edgewood, NM 87035

Property Details for 2376 Nm-333

Property type

Land

Description

This exceptional 34-acre commercial land parcel presents a unique investment opportunity in Torrance County, New Mexico. Strategically located on I-40 frontage road, between exits 193 and 194, just west of Moriarty, this property boasts unparalleled visibility from both I-40 and historic Route 66. The site offers excellent access from both major roadways, ensuring high traffic exposure for any commercial venture. The land is comprised of four 5-acre tracts and one 14-acre tract, allowing for flexibility in development plans. Zoned D-2 Commercial General, this property is ideal for a variety of uses. The area demonstrates strong growth potential, with a 1-mile radius population of 635, a median household income of $36,000, and a median household income of $57,000. This expands to 2,985 residents, $38,000 and $56,000 respectively within a 3-mile radius, and 5,616 residents, $43,000 and $61,000 within a 5-mile radius. The property's proximity to popular attractions like McCall's Pumpkin Patch further enhances its appeal. Pricing options are available for the entire 34.1 acres ($1,698,000 or $49,795 per acre), a 13.6-acre parcel ($782,000 or $57,500 per acre), or individual 5-acre parcels ($287,500 or $57,500 per acre). This is a prime location for businesses seeking high visibility and convenient access to major transportation routes. The address is 2376 NM-333, Moriarty, NM 87035.