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Property profile & analytics
OFF-MARKET
Commercial real estate

C-3 Lexco Est Phase 1 Moriarty, NM 87035

1.68 ac lot
Property ID
Property summary
AI-generated overview

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

Property profile
Verified
Property type Commercial real estate
Lot 1.68 ac (73,181 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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