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C-14 Lexco Est Phase 1 Moriarty, NM 87035

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

Property summary

AI-generated overview

This exceptional 1.72-acre commercial lot presents a remarkable opportunity for businesses seeking high visibility and convenient access. Strategically located in the Lexco Estates Phase 1 development in Moriarty, New Mexico, this property boasts a prime position just off historic Route 66 and Lexco Road, ensuring significant traffic exposure. The lot is conveniently situated between the thriving communities of Edgewood and Moriarty, offering easy access to a substantial customer base. All essential utilities are readily available, including electricity, natural gas, water, and sewer connections, eliminating the complexities and delays often associated with new development. The infrastructure is already in place, with paved and curbed roads enhancing accessibility and aesthetics. The development itself benefits from direct Route 66 frontage, guaranteeing high traffic volume and excellent brand visibility. This level lot is ready for immediate development, making it an ideal location for a wide range of commercial ventures. The asking price is $85,000. Additional adjacent lots of similar size are also available. This presents a unique opportunity to acquire multiple lots for larger-scale projects or future expansion. Don't miss this chance to secure a prime commercial location in a rapidly growing area.

Property profile

Verified
Property type Commercial real estate
Lot 1.72 ac (74,923 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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