I-40 Interchange Land at Moriarty
Vacant Land
for Sale
| Catylist Listing ID: |
30381191 |
| Property Subtypes: |
Hospitality, Office, Retail, Retail-Pad
|
| Gross Land Area: |
1 - 20 Acres
|
| Sale Price: |
$2,200,000 |
| In Opportunity Zone? |
Yes |
| Land Splits Available: |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/3/2020 |
Overview / Comments
|
OPPORTUNITY ZONE! High Visibility location off of I-40 Exit #196 with upside for investment. Commercial land with excellent Freeway Frontage and easy access off I-40 interchange just East of Highway 41 (Exit #196). Zoned for retail/hospitality. 20 acres available- inquire about smaller parcels/ land split. Part of Business Park Master Plan. Taxes based on entry 720 acre bulk land. Gas and Electric available. City water and sewer is located at interchange.
|
Additional Details
| Nearest MSA: |
Albuquerque |
| County: |
Torrance |
| Taxing Authority: |
Torrance County |
| Tax ID/APN: |
1048052450436000000 |
| Zoning: |
C-1 / C-2 |
| Property Located Between: |
Moriarty, New Mexico North side of I-40. East side of Highway 41. |
| Property Visibility: |
Excellent |
| Legal Description: |
Lot 8-B 20 acres – bulk land plat KING RANCH MASTER PLAN
Being Tracts A, 3-1-H-EL. & 4-1-EL AND AN UNDESIGNATED TRACT LOCATED IN SECTIONS 12 & 13, T9N, R8E., N.M.P.M. AND SECTIONS 7 &18, T.9N., R.9E., N.M.P.M. CITY OF MORIARTY, TORRRANCE COUNTY, NEW MEXICO OCTOBER 2017
|
| Largest Nearby Street: |
I-40 |
| Feet of Frontage: |
2,100 |
| Highway Access: |
Interstate 40, NM HWY 41, Abrahames Road |
| Airports: |
Moriarty Municipal airport 4 miles, ABQ International Sunport 40 miles. |
| Site Description: |
Mostly level land directly on paved frontage road. |
| Area Description: |
Opportunity Zone |
| Zoning Description: |
Retail, hospitality |
| Part of Planned Development?: |
Yes |
| Development Name: |
King Ranch Master Plan |
| Topography: |
Level |
| Available Utilities: |
Electric, Gas |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,382 |
1,382 |
3,122 |
| Median Age: |
37.24 |
37.24 |
38.37 |
| Households: |
554 |
554 |
1,174 |
|
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