Commercial Development Land For Sale In Moriarty NM

Vacant Land for Sale
Catylist Listing ID: 30000068
Property Subtypes: Hospitality, Industrial, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 11.55 Acres
Sale Price: $1,005,974
Unit Price: $87,097 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/16/2020

Overview / Comments

11.547 acres of commercial development land on Route 66 in Moriarty, New Mexico. All utilities are in the street and ready to be accessed including water, sewer, natural gas, and power. High traffic area suited to big-box retail, hotel/motel or multi-family housing. Zoning is currently M-1, manufacturing, industrial zone. Possible zone change to allow for non-M-1 uses. There are many possibilities for this property, including dividing into smaller lots. Plat and Zone Atlas are attached. Lisa's Truck Stop close by. $4.522 per square foot - affordable commercial, no need to go to Albuquerque.

Additional Details

Nearest MSA: Albuquerque
County: Torrance
Tax ID/APN: 1049052041234000000
Property Located Between: Central New Mexico I-40 Corridor in the City of Moriarty 30 miles east of Albuquerque
Property Visibility: Excellent
Legal Description: Tract 2-A-2, Section 18, T9N, R9E, City of Moriarty, Torrance County, New Mexico
Largest Nearby Street: US Route 66 and Interstate 40
Feet of Frontage: 727
Highway Access: Direct access to US Route 66. Between I-40 exits 196 & 198.
Airports: City of Moriarty Airport, Albuquerque Sunport, Sandia Airpark
Site Description: Level tract,south side of US Route 66
Area Description: East end of the US Route 66 Business Corridor in Moriarty.
Lot Frontage: 727
Lot Depth: 641
Zoning Description: M-1 Industrial
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,382 1,382
Median Age: 37.24 37.24
Households: 554 554


Photograph of Listing Agent

Myra Oden

United Country Farm & Home Realty
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