Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    308 Cactus St Carlsbad, NM 88220

    For Sale
    $55,000

    Prime Commercial Lot, 10,887.5 sq ft.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial land parcel, located at 308 Cactus Street in Carlsbad, New Mexico, presents a unique investment opportunity. Spanning 10,887.5 square feet – approximately a quarter of an acre – this property offers significant potential for various commercial ventures. Situated in Eddy County, with a zip code of 88220, the lot enjoys convenient access to key transportation routes and local amenities. The property's flat topography simplifies development, minimizing site preparation costs. The asking price is $55,000, making it an attractive proposition for developers, investors, or businesses seeking a strategic location to establish their presence. Its commercial zoning allows for a wide range of potential uses, subject to local regulations and approvals. Detailed site plans and zoning information are readily available upon request. This is an excellent chance to acquire a well-positioned commercial lot in a growing New Mexico community. The property's coordinates are 32.386508 latitude and -104.2167352 longitude. Don't miss this opportunity to secure this valuable piece of Carlsbad real estate.

    Property Features for 308 Cactus St

    General Information

    Property type
    Land

    HighLights

    • 10,887.5 SF commercial lot in Carlsbad, NM.
    • Located at 308 Cactus Street, Eddy County, zip code 88220.
    • Asking price: $55,000.
    • Flat topography simplifies development.
    • Commercially zoned.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Carlsbad
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.2167352
    Latitude
    32.386508

    Nearby Similar for Sale

    • $1,200,000
      4,740 SF

      Carlsbad Mixed-Use Property For Sale

      Mixed-use property in Carlsbad, NM, includes two lots.
      5211 Buena Vista Dr, Carlsbad, NM 88220
      View Details
    • $3,200,000
      17,500 SF

      Carlsbad Industrial Hub Property

      Expansive property with premium office and efficient warehouse space.
      5302 Arroyo Dr, Carlsbad, NM
      View Details
    • $1,000,000
      23,000 SF

      Carlsbad Retail/Auto Opportunity

      Former auto repair shop located off main retail corridor.
      215 W Fox St, Carlsbad, NM 88220
      View Details
    • $2,590,000
      4,993 SF

      Carlsbad Restaurant Property for Sale

      Restaurant property occupied by IHOP in Carlsbad, New Mexico.
      2529 S Canal St, Carlsbad, NM 88220
      View Details
    • $183,000
      1,228 SF

      Carlsbad Commercial Property Investment

      Three lots, habitable house, C2 zoning.
      701 Halagueno St, Carlsbad, NM 88220
      View Details
    • $1,400,000
      10,848 SF

      Carlsbad Commercial Building - High Visibility

      Income-producing property, highway frontage, large warehouse.
      3221 National Park Hwy Hwy, Carlsbad, NM 88220
      View Details

    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, 10,887.5 sq ft.
    Where is this land located?
    The property is located at 308 Cactus St Carlsbad, NM.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: 10,887.5 SF commercial lot in Carlsbad, NM.; Located at 308 Cactus Street, Eddy County, zip code 88220.; Asking price: $55,000.
    Request Owner's contact information
    308 Cactus St Carlsbad, NM 88220
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    308 Cactus St
    Carlsbad, NM 88220
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    308 Cactus St Carlsbad, NM 88220
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.