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    5451 Production Ln Carlsbad, NM 88220

    For Sale
    $397,500

    Prime 5-acre commercial lot, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5-acre commercial land parcel is ideally situated in Carlsbad, New Mexico, at 5451 Production Lane, zip code 88220. Located conveniently east of the Cavern City Air Terminal, this property presents a fantastic opportunity for commercial or industrial development. The asking price is $397,500, and the seller is open to lease options at a rate of $1060.00 per acre, with lease terms to be determined. All lots will undergo leveling and caliche preparation prior to sale. The property boasts significant infrastructure advantages, including readily available electricity along Production Lane, city water access, and paved street frontage. Buyers should note that septic systems are not included and will be a requirement for any development. This property's prime location and readily available utilities make it an attractive investment for businesses seeking a strategic location in Carlsbad. The expansive lot size provides ample space for a variety of commercial or industrial projects. Don't miss this chance to acquire a well-positioned and prepared commercial land parcel in a thriving New Mexico community.

    Property Features for 5451 Production Ln

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • $397,500 asking price.
    • 5‑acre commercial land parcel.
    • Located at 5451 Production Lane, Carlsbad, NM 88220.
    • Ready for immediate development; located near Cavern City Air Terminal.
    • Seller will consider lease options at $1060/acre.
    • Site will be leveled and caliche‑treated; city water and paved street access; electricity available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Carlsbad
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.2399779
    Latitude
    32.346482

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    FAQs

    What type of property is this?
    Land - Prime 5-acre commercial lot, ready to build.
    Where is this land located?
    The property is located at 5451 Production Ln Carlsbad, NM.
    What is the asking price?
    The asking price for this property is $397,500.
    What are key features of this property?
    This property features: $397,500 asking price.; 5-acre commercial land parcel.; Located at 5451 Production Lane, Carlsbad, NM 88220.
    Request Owner's contact information
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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
    5451 Production Ln Carlsbad, NM 88220
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