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Rt. 66 Moriarty, NM 87035

OFF-MARKET Commercial real estate Google Maps
2.29 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 2.29-acre commercial property presents a unique investment opportunity in Moriarty, New Mexico. Strategically located on U.S. Route 66 East (Tr 2-A-2-D), this corner lot enjoys high visibility and accessibility, situated conveniently near the Interstate 40 interchange. The property boasts all essential utilities readily available at the street, including water, sewer, natural gas, electricity, and high-speed internet, eliminating costly infrastructure development. Its prime location near Lisa's Truck Stop ensures high traffic volume, making it ideal for businesses catering to travelers and the trucking industry. Zoned M-1 (manufacturing/industrial), this versatile lot allows for a wide range of commercial uses, including but not limited to truck stop-related businesses, hotels/motels, and big-box retail establishments. The zoning designation permits many uses without the need for a conditional use permit, streamlining the development process. This affordable commercial land offers significant potential for growth and profitability in a thriving area of New Mexico, providing easy access to Interstate 40 and its substantial traffic flow. Detailed zoning information is available upon request. Don't miss this chance to acquire a highly desirable commercial parcel in a prime location. The asking price is $299,778.

Property profile

Verified
Property type Commercial real estate
Lot 2.29 ac (99,752 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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