C-15 Lexco Est Phase 1 Moriarty, NM 87035
This exceptional 1.26-acre commercial lot, identified as Lot C-15 in Lexco Estates Phase 1, Moriarty, New Mexico, presents a unique investment opportunity. Strategically located just off historic Route 66 and Lexco Road, this level lot enjoys high visibility and accessibility between the thriving communities of Edgewood and Moriarty. The property boasts all utilities readily available, including buried power lines for electricity, natural gas, water, and sewer connections – eliminating costly infrastructure development. Well-maintained paved and curbed roads enhance the site's appeal and functionality. The development's advantageous Route 66 frontage ensures significant traffic exposure, ideal for a variety of commercial ventures. This lot is ready for immediate development, offering a streamlined path to establishing a business presence in a high-traffic area. The potential for significant return on investment is undeniable, given the location and infrastructure already in place. Note that additional acreage is 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.