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    1632 Skyline Dr Carlsbad, NM 88220

    For Sale
    $477,000

    Prime 39,204 SF Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 39,204 square foot commercial land parcel presents a unique investment opportunity in the thriving city of Carlsbad, New Mexico. Located at 1632 Skyline Drive, this property boasts a highly desirable location within Eddy County, offering excellent visibility and accessibility. The expansive lot size provides ample space for a variety of commercial developments, making it ideal for entrepreneurs and investors seeking to establish a new business or expand existing operations. Zoned for commercial use (verification required by buyer), this property is ready for immediate development. The asking price is $477,000, representing a compelling value for a parcel of this size and location in Carlsbad. Its strategic position within the city offers convenient access to major transportation routes, ensuring seamless connectivity for businesses and their clientele. The property's flat terrain simplifies construction and development, minimizing potential challenges and costs. With its significant size and prime location, this commercial land parcel presents a rare opportunity to capitalize on the growing commercial landscape of Carlsbad, New Mexico. Serious inquiries are encouraged to explore the potential of this exceptional property and its significant development possibilities. The property is situated at 32.4481164 latitude and -104.2660746 longitude, and the zip code is 88220.

    Property Features for 1632 Skyline Dr

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Carlsbad
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.2660746
    Latitude
    32.4481164

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    FAQs

    What type of property is this?
    Land - Prime 39,204 SF Commercial Lot
    Where is this land located?
    The property is located at 1632 Skyline Dr Carlsbad, NM.
    What is the asking price?
    The asking price for this property is $477,000.
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    1632 Skyline Dr 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

    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
    1632 Skyline Dr Carlsbad, NM 88220
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