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    701 Halagueno St Carlsbad, NM 88220

    For Sale
    $183,000

    Three lots, habitable house, C2 zoning.

    Property size:
    1,228 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional investment opportunity encompasses three commercial lots totaling 0.44 acres on South Halagueno Street in Carlsbad, New Mexico. The property is zoned C2, offering a wide range of potential uses. One lot includes a habitable house, presenting immediate income potential or a convenient base for operations. Prospective buyers should conduct thorough due diligence regarding financing options for the property. The house is sold in its "as is" condition, and while considered habitable, the year built and precise square footage are approximate. Utilities are readily available on the lot containing the house and are situated nearby for the other two lots. The 1,228 square foot house provides immediate use, while the additional vacant lots offer significant expansion or development potential. This versatile property is ideally suited for a savvy investor seeking a strong foothold in the Carlsbad commercial market. The property's location and zoning provide a solid foundation for a variety of business ventures. Serious inquiries are encouraged to explore the full potential of this unique offering. Further details are available upon request.

    Property Features for 701 Halagueno St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,228 SF
    Lot Size
    19,166 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.2307
    Latitude
    32.41328

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    FAQs

    What type of property is this?
    Commercial real estate - Three lots, habitable house, C2 zoning.
    Where is this commercial real estate located?
    The property is located at 701 Halagueno St Carlsbad, NM.
    What is the asking price?
    The asking price for this property is $183,000.
    (575) 885-2138
    Request Owner's contact information
    701 Halagueno St Carlsbad, NM 88220
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    Carlsbad, NM 88220
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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
    701 Halagueno St Carlsbad, NM 88220
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