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: 8/24/2019

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

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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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