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    1642 Skyline Dr Carlsbad, NM 88220

    For Sale
    $477,000

    1.25 Acres, Prime Location, $477,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.25-acre commercial land parcel presents a unique investment opportunity in the thriving city of Carlsbad, New Mexico. Located at 1642 Skyline Drive, this property boasts a highly desirable location within Eddy County, offering excellent visibility and accessibility. The asking price is $477,000, representing a compelling entry point into the Carlsbad commercial real estate market. The expansive lot size provides ample space for a variety of development projects, catering to diverse business needs. Its strategic positioning within Carlsbad offers convenient access to major transportation routes, ensuring seamless connectivity for businesses and their clientele. The property's zoning and potential uses should be independently verified to ensure compliance with local regulations and development plans. This prime piece of land is ready for immediate development, making it an attractive proposition for both seasoned investors and new ventures seeking a foothold in a dynamic and growing New Mexico community. The property's address is 1642 Skyline Drive, Carlsbad, NM 88220. Detailed site plans and surveys are available upon request. This is an exceptional opportunity to acquire a significant commercial land holding in a strategic location. Don't miss out on this chance to secure a valuable asset in a rapidly developing area. Further due diligence is recommended to fully assess the property's potential.

    Property Features for 1642 Skyline Dr

    General Information

    Property type
    Land
    Lot Size
    54,450 SF

    HighLights

    • 1.25‑acre commercial land parcel in Carlsbad, NM.
    • Located at 1642 Skyline Drive, Eddy County, with excellent visibility and accessibility.
    • Asking price: $477,000.
    • Ample space for diverse development projects.
    • Convenient access to major transportation routes.
    • Zoning and potential uses require independent verification.
    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 - 1.25 Acres, Prime Location, $477,000
    Where is this land located?
    The property is located at 1642 Skyline Dr Carlsbad, NM.
    What is the asking price?
    The asking price for this property is $477,000.
    What are key features of this property?
    This property features: 1.25-acre commercial land parcel in Carlsbad, NM.; Located at 1642 Skyline Drive, Eddy County, with excellent visibility and accessibility.; Asking price: $477,000.
    Request Owner's contact information
    1642 Skyline 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
    1642 Skyline Dr Carlsbad, NM 88220
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