Prime 4.18-Acre Commercial Development Opportunity

Overview

  • Updated On:
  • November 13, 2024
  • acre symbol
  • 4.18 acres

Prime 4.18-acre Commercial Development Opportunity

$ 361,983
Hazel St,
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Description

This prime 4.18-acre commercial development land on Hazel Street, just off of iconic Route 66 in Moriarty, New Mexico, offers a unique opportunity for businesses looking to establish a presence in a strategic location. Located only a few minutes from the Interstate 40 interchange, this site is highly accessible and ideal for attracting local traffic as well as travelers passing through the region. The property’s proximity to major highways provides excellent visibility and access, making it a strong choice for a variety of commercial ventures.

All essential utilities, including water, sewer, natural gas, electricity, and high-speed internet, are available on Route 66 and can be conveniently extended to the property, reducing the setup time for new developments. The C-1 Light Commercial zoning allows for diverse uses such as personal services, a shopping center, or a restaurant, making it flexible for various business concepts. Depending on the business type, a Conditional Use Permit may be required—see the zoning ordinance under “Documents” for full details.

A portion of this land is situated in a designated flood zone, so it is advised to review the plat of the survey before development planning to fully understand the layout and best use of the land. Affordable commercial parcels of this size, with utility access and prime location along Route 66 near I-40, are a rarity in New Mexico. This property is positioned to support a broad range of commercial ambitions in the heart of Moriarty, a town known for its connection to Route 66 and as a gateway to Albuquerque and Santa Fe.

Key highlights:

4.18 acres of commercial development land with flexible C-1 zoning
Located on Hazel Street just off Route 66, near the Interstate 40 interchange
All utilities available nearby, ready for extension (water, sewer, natural gas, power, high-speed internet)
Ideal for personal services, shopping centers, restaurants, and other commercial ventures
Affordable commercial land with strong investment potential in a high-visibility location

This property represents an excellent investment opportunity for those looking to capitalize on the high-traffic Route 66 corridor and the steady growth of Moriarty, NM.

PROPERTY FEATURES:

4.18 Acres on Route 66
Minutes from I-40
Utilities Ready Nearby
C-1 Light Commercial Zoning
High Traffic Visibility
Ideal for Retail or Dining
Affordable Investment
Flexible Development Options

Address: Hazel St
City:
State/County:
Zip: 87035
Country: United States
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Property Id : 146392
Price: $ 361,983
County: Torrance County
Lot Size (AC): 4.18000
Listing ID: 30050-73262
Office ID: 4458
Listing Address: Hazel Street

Myra Oden

Farm & Home Realty LLC - Farm & Home Realty
Call Office(505) 832-7008
Call Mobile(505) 410-9951

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Myra Oden