C-3 Lexco Est Phase 1 Moriarty, NM 87035
This exceptional 1.68-acre commercial lot, identified as Lot C-3 in Lexco Estates Phase 1, Moriarty, New Mexico, presents a unique investment opportunity. Strategically located just off the historic Route 66 and Lexco Road, this property benefits from high visibility and significant traffic flow between the thriving communities of Edgewood and Moriarty. The lot is level and ready for immediate development, boasting all essential utilities already in place. These include buried power lines for electricity, natural gas, water, and sewer connections, eliminating costly infrastructure setup. The property features paved and curbed roads, ensuring easy access and a well-maintained environment. Its prime Route 66 frontage guarantees substantial exposure to a constant stream of vehicles. This is not the only lot available
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.