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    701 Ridgecrest Dr Dr Carlsbad, NM 88220

    For Sale
    $75,000

    Prime Eddy County lot, 11,326 sq ft.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 11,326 square foot lot, located north of 701 Ridgecrest Drive in Carlsbad, New Mexico, presents a unique opportunity for building your dream home. Situated in Eddy County, zip code 88220, this property is part of a planned development, offering a desirable location and a promising future. The lot's current size is 11,326 square feet, but it is slated for replatting to increase its overall size, adding even more value to this already attractive offering. The asking price for this remarkable piece of land is $75,000. Its coordinates are 32.429237 latitude and -104.2059193 longitude, providing easy access to location verification services. This is an excellent investment opportunity for those seeking to build in a well-planned community within Carlsbad, NM. The property is conveniently located near Ridgecrest Drive, offering easy access to local amenities and transportation routes. Don't miss this chance to secure your future in this thriving New Mexico community. This lot is ready for development and offers a blank canvas for your ideal home.

    Property Features for 701 Ridgecrest Dr Dr

    General Information

    Property type
    Land

    HighLights

    • $75,000 asking price.
    • 11,326 square foot land parcel.
    • Located in Carlsbad, NM, Eddy County, zip code 88220.
    • North of 701 Ridgecrest Drive.
    • Planned development; lot to be replatted for increased size.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Carlsbad
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.2059193
    Latitude
    32.429237

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    FAQs

    What type of property is this?
    Land - Prime Eddy County lot, 11,326 sq ft.
    Where is this land located?
    The property is located at 701 Ridgecrest Dr Dr Carlsbad, NM.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: $75,000 asking price.; 11,326 square foot land parcel.; Located in Carlsbad, NM, Eddy County, zip code 88220.
    (575) 631-4116
    Request Owner's contact information
    701 Ridgecrest Dr Dr 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

    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
    701 Ridgecrest Dr Dr Carlsbad, NM 88220
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