Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    Moriarty, NM 87035

    • Land
    • 2.40 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details

    Lot size
    2.40 lot acres
    Property type
    Land

    Description

    This exceptional 2.4-acre commercial land parcel presents a unique investment opportunity in Moriarty, New Mexico. Strategically located just off Interstate 40 on the north frontage road, this property boasts unparalleled visibility for any business. The lot is zoned C-1, providing flexibility for a variety of commercial uses. The City of Moriarty is actively developing, creating a strong demand for new businesses. This presents a chance to establish a presence in a growing community with easy access to major transportation routes. The property offers convenient commuting distances to both Albuquerque and Santa Fe. While utilities such as water, power, natural gas, telephone, and internet are currently under construction, road surfacing is also underway. Prospective buyers should note that septic tank installation will be required. This 2.4-acre lot, identified as Lot 13-R, is priced at $209,088 and is situated in Torrance County, New Mexico, with a zip code of 87035. The coordinates are 34.9733187 latitude and -106.0169971 longitude. Don't miss this chance to capitalize on the growth potential of Moriarty.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Moriarty
    County
    Torrance
    State
    New Mexico
    Longitude
    -106.017
    Latitude
    34.9733

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      Moriarty, NM 87035

      Land • 1.00 Acre
      Moriarty, NM 87035
      View Details
    • Value Estimation by Request
      2.00 Acres

      Trl B-2-A-1 Otto Rd

      Land • 2.00 Acres
      0 Trl B-2-A-1 Otto Rd, Moriarty, NM 87035
      View Details
    • Value Estimation by Request
      1.29 Acres

      Moriarty, NM 87035

      Land • 1.29 Acres
      Moriarty, NM 87035
      View Details
    • Value Estimation by Request
      8.00 Acres

      Moriarty, NM 87035

      Land • 8.00 Acres
      Moriarty, NM 87035
      View Details
    • Value Estimation by Request
      5.00 Acres

      Trl B-2-A-3 Otto Rd

      Land • 5.00 Acres
      0 Trl B-2-A-3 Otto Rd, Moriarty, NM 87035
      View Details
    • Value Estimation by Request

      Moriarty, NM 87035

      Land
      Moriarty, NM 87035
      View Details

    Similar Nearby for Sale

    • $467,181
      1.43 Acres

      Moriarty Retail Land - Prime Location

      1.43 Acres, C-2 Zoning, High Visibility
      & Poplar Central Ave, Moriarty, NM 87035
      View Details
    • $30,000

      Moriarty Farm Land for Sale

      Prime NM Ranch Land - 217,800 sq ft
      00 Sunrise Dr, Moriarty, NM 87035
      View Details
    • Contact for pricing
      0.55 Acres

      Moriarty Land For Sale

      Four adjacent lots available in Moriarty, New Mexico.
      Friendship Ave, Moriarty, NM 87035
      View Details
    • $95,000
      6.50 Acres

      Moriarty Land with Utilities

      9.03 acres of land with potential utilities in Moriarty.
      Sunrise Acres Lots 1-4, Moriarty, NM 87035
      View Details
    • Contact for pricing
      1.00 Acre

      Land in Moriarty, New Mexico

      One acre of land available in Moriarty, New Mexico.
      San Lius Dr, Moriarty, NM 87035
      View Details
    • $50,000
      2.73 Acres

      Land in Moriarty, New Mexico

      2.73 acre land parcel available in Moriarty, New Mexico.
      40 Sunset Rd, Moriarty, NM 87035
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Moriarty, NM 87035
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.