Moriarty, New Mexico commercial lot just off I40 on the north Frontage Rd is now for sale. Great I40 visibility with C-2 zoning and within the City of Moriarty. Water, power, natural gas, telephone, internet and road surfacing are all under construction. Buyer septic tank installation required. Moriarty is a small developing community hungry for your business to locate here. Easy commute to Albuquerque or Santa Fe.
Property Details
Property Features
Listing Office:
Office Name: United Country Farm & Home
Office Phone: (505) 832-7008
Listing Agent: Myra Oden
Lot Features
Lot Information:
Lot: Meadow, Views
Lot Size: 5.00 Acres
Other
Directions Information:
Directions: From the Moriarty intersection of Hwy 41 and Route 66 proceed north on Hwy 41 over I40, turn left onto W Abrahames Rd just south of the Pilot Truck Stop, proceed .7 mile to Valley Irrigation Road, turn right (north) proceed a short distance to Otto Road on the left (west), lot is on south side of Otto Rd.
Price Information
Listing Price Info
Price Summary:
List Price: $762,300
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Moriarty, NM.
This property is $526.9K more than the Median Sold Price in Moriarty, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1057611
Listing Office:
Office Name: United Country Farm & Home
Office Phone: (505) 832-7008
Listing Agent: Myra Oden
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,872
Per Month
Principal & Interest
$3,805
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,352
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Moriarty Elementary School
2015 School Loop
Distance between this listing and this school7.10 miles
Public District Grades KG-5
5
/10
Lower Elementary School
624 8th St
Distance between this listing and this school8.34 miles
Public District Grades 1-3
7
/10
Route 66 Elementary School
805 Barton Rd
Distance between this listing and this school17.82 miles
Public District Grades KG-5
Nearby Schools
3
/10
Moriarty Middle School
200 Center Ave
Distance between this listing and this school7.36 miles
Public District Grades 6-8
3
/10
Estancia Middle School
Joseph Ave and 9th St
Distance between this listing and this school8.27 miles
Public District Grades 7-8
4
/10
Upper Elementary School
624 8th St
Distance between this listing and this school8.34 miles
Public District Grades 4-6
Nearby Schools
5
/10
Moriarty High School
200 Center Ave
Distance between this listing and this school7.46 miles
Public District Grades 9-12
8
/10
Estancia High School
9th and Joseph Ave
Distance between this listing and this school8.26 miles
Public District Grades 9-12
6
/10
Estancia Valley Classical Academy
132 Impala Ct
Distance between this listing and this school10.82 miles
The neighbors living near this home have an average income of $55,469. Typical income of Moriarty, NM residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Living In Moriarty, NM
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Moriarty, NM?
Moriarty, Torrance offers a housing market with a focus on single-family homes, which make up a significant portion of the residential landscape. The architectural styles in the area are varied, with a mix of traditional and ranch-style homes that reflect the region's rural and suburban blend. The housing options also include a selection of mobile homes, indicative of the area's affordable living choices. While the majority of homes are owner-occupied, there is also a segment of the population that rents, providing a balance of homeownership and rental opportunities.
Is Moriarty, NM a good place to live?
Moriarty prides itself on its small-town charm and close-knit community atmosphere. The area is celebrated for its annual Pinto Bean Fiesta, which showcases the local agricultural heritage and brings residents together for festivities. The community's character is further defined by its open spaces and the presence of local businesses that contribute to a sense of familiarity and neighborliness among residents.
Are things conveniently located in Moriarty, NM?
The community benefits from a selection of essential services, including public schools that serve different grade levels, local healthcare clinics, and a public library that caters to the educational and informational needs of the residents. Retail and dining options in Moriarty reflect the local culture, with family-owned shops and restaurants offering a taste of the area's culinary traditions. The community is attentive to the evolving needs of its residents, with initiatives aimed at maintaining and improving the quality of services provided.
What does the transportation in Moriarty, NM look like?
Transportation in Moriarty includes a network of state highways that connect residents to nearby cities and towns, facilitating commuting and travel. The area's layout is conducive to private vehicle use, with main roads such as Route 66 running through the town. Public transportation options are limited, reflecting the community's rural nature. However, the town does feature some walkable areas, particularly around the central business district, and there are local efforts to enhance the walkability and bikeability for residents. Ride-sharing services are available, providing additional transportation options for the community.
Frequently Asked Questions About Otto Rd Unit B-2-A-3
What is the listing price of this property?
The listing price of Otto Rd Unit B-2-A-3 property is $762,300.
What type of property is this?
The property Otto Rd Unit B-2-A-3 is land located in Moriarty, New Mexico, 87035.
Is this property for sale now?
Active Listing: Otto Rd Unit B-2-A-3 is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property Otto Rd Unit B-2-A-3 is 5.00 acres.
Interested in Otto Rd Unit B-2-A-3? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at Otto Rd Unit B-2-A-3 in Moriarty, NM and zip code 87035. This home sits on a 5.00 acre lot. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $762,300.
In October 2024, from all listings sold in Moriarty, NM there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. Between September 2024 and October 2024, Moriarty, NM real estate market has seen decrease in the number of listings by 9.5%. While the average time on the market in October 2024 was 68 days, the median list price was $235,325.
From Rocket Homes Real Estate and based on county public records data.