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    220 Forrest Lee Rd Artesia, NM 88210

    Picture of Agricultural land at Forrest Lee Rd 220, Artesia, NM
    For Sale
    $65,000

    Unimproved Land - Artesia, NM

    Type:Unimproved Land
    Lot size:
    15.00 Acres
    Days on Market:
    87
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 220 Forrest Lee Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    4156110032198
    Lot size
    15.00 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 Sep 10, 2025

    MLS# 20251978 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

    15 Acres of Farmland Potential

    This property features 15 acres of unimproved land suitable for development into farm or ranch land. The site is located halfway between Artesia and Carlsbad, New Mexico, near Brantley Lake. The land presents an opportunity for agricultural use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Artesia
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.325611
    Latitude
    32.669354

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    FAQs

    What type of property is this?
    Agricultural land - 15 acres of land ready for farm or ranch development.
    Where is this agricultural land located?
    The property is located at 220 Forrest Lee Rd Artesia, NM.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: - 15 acres of land suitable for farm/ranch development.; - Suitable for farm/ranch land.; - Located between Artesia and Carlsbad, NM.
    (575) 748-9735
    Request Owner's contact information
    220 Forrest Lee 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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    220 Forrest Lee Rd Artesia, NM 88210
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