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    1028 N Lake Rd Artesia, NM 88210

    Picture of Land at N Lake Rd 1028, Artesia, NM
    For Sale
    $40,000

    Unimproved Land - Artesia, NM

    Type:Unimproved Land
    Lot size:
    50.00 Acres
    Days on Market:
    158
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 1028 N Lake Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    4154113278328, 4154113278323
    Lot size
    50.00 Acres

    Building Details

    Architectural style
    Other

    Lois Oliver Real Estate, Inc. (575) 748-9735 [email protected]

    Listing agent Holly Delgado (575) 748-9735

    Listing date Jul 2, 2025

    MLS# 20251747 Listing URL

    Copyright © 2025 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Artesia, NM Unimproved Land

    This property offers country living on a half-acre parcel, comprising two lots. Located in Artesia, New Mexico, the land presents an opportunity to establish a homestead.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Artesia
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.369234
    Latitude
    32.629543

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    FAQs

    What type of property is this?
    Land - Half-acre property on two lots, ideal for country living.
    Where is this land located?
    The property is located at 1028 N Lake Rd Artesia, NM.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: - 1/2 acre property offers ample space.; - Set on two lots, providing flexibility.; - Enjoy country living with peace and quiet.
    (575) 748-9735
    Request Owner's contact information
    1028 N Lake Rd Artesia, NM 88210
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    Artesia, NM 88210
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1028 N Lake Rd Artesia, NM 88210
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