C-12 Lexco Est Phase 1 Moriarty, NM 87035
- Commercial real estate
- 1.72 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for C-12 Lexco Est Phase 1
- Lot size
- 1.72 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.72-acre commercial lot is ideally situated in the Lexco Estates Phase 1 development in Moriarty, New Mexico. Boasting a highly desirable location just off historic Route 66 and Lexco Road, this property benefits from significant traffic flow between the thriving communities of Edgewood and Moriarty. The lot is completely level and ready for immediate development. All essential utilities are conveniently in place, including buried power lines for electricity, natural gas, water, and sewer connections – eliminating costly infrastructure setup. The development features paved and curbed roads, ensuring easy access and a well-maintained environment. The strategic Route 66 frontage guarantees high visibility and exposure for any commercial venture. This presents a unique opportunity for businesses seeking a prominent location with excellent accessibility. While this specific listing encompasses 1.72 acres, it's important to note that additional adjacent lots are also available for purchase, offering the potential for expansion or consolidation. These adjacent lots measure 1.63 acres and 1.72 acres respectively, providing flexibility for larger-scale projects. This prime location and infrastructure readiness make this an exceptional investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moriarty
- County
- Torrance
- State
- New Mexico
- Longitude
- -106.121
- Latitude
- 35.0115
