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    1700 Riverside Dr Carlsbad, NM 88220

    For Sale
    $500,000

    Prime Pecos River lot; no HOA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 18,730.8 square foot vacant lot presents a unique opportunity in Carlsbad, New Mexico. Situated west of 1700 W Riverside Drive, in Eddy County, zip code 88220 (latitude 32.4422526, longitude -104.248563), this property boasts direct access to the Pecos River. A significant advantage is the absence of a homeowner's association (HOA), eliminating associated fees and restrictions. Unlike many riverfront properties, this lot offers complete privacy with no public beach access; the entire riverfront is yours to enjoy. The asking price for this remarkable parcel is $500,000. This is a rare chance to own a substantial piece of riverfront land with unparalleled seclusion and freedom from HOA regulations. The property is ideal for those seeking a private retreat or a unique development opportunity. Its location in Carlsbad, New Mexico provides access to the city's amenities while maintaining a tranquil, riverside setting. Serious inquiries are encouraged.

    Property Features for 1700 Riverside Dr

    General Information

    Property type
    Land

    HighLights

    • $500,000 asking price for 18,730.8 sq ft land parcel.
    • Riverfront lot on the Pecos River.
    • No HOA fees.
    • Private river access; no public beach access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.248563
    Latitude
    32.4422526

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    FAQs

    What type of property is this?
    Land - Prime Pecos River lot; no HOA.
    Where is this land located?
    The property is located at 1700 Riverside Dr Carlsbad, NM.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price for 18,730.8 sq ft land parcel.; Riverfront lot on the Pecos River.; No HOA fees.
    Request Owner's contact information
    1700 Riverside 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
    1700 Riverside Dr Carlsbad, NM 88220
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