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    1601 Skyline Dr Carlsbad, NM 88220

    For Sale
    $477,000

    Build Your Dream in Carlsbad, NM

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.03-acre parcel of land presents a unique opportunity for development in the desirable city of Carlsbad, New Mexico. Located at 1601 Skyline Drive, this property boasts a prime location within Eddy County, offering easy access to local amenities and services. The expansive lot provides ample space for a variety of construction projects, making it ideal for residential, commercial, or even mixed-use development. With its generous size and strategic location, this land offers significant potential for future growth and appreciation. The address is precisely 1601 Skyline Drive, Carlsbad, NM 88220, situated at latitude 32.447061 and longitude -104.266726. The asking price for this remarkable property is $477,000, representing a compelling investment opportunity in a thriving New Mexico community. This is a blank canvas awaiting your vision, offering the chance to create a valuable asset in a sought-after location. The property is classified as land and is ready for immediate development. Don't miss this chance to acquire a piece of Carlsbad's promising future. Serious inquiries are encouraged.

    Property Features for 1601 Skyline Dr

    General Information

    Property type
    Land
    Lot Size
    44,867 SF

    HighLights

    • $477,000 asking price.
    • 1.03‑acre land parcel.
    • Located at 1601 Skyline Drive, Carlsbad, NM 88220.
    • Eddy County, New Mexico location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Carlsbad
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.266726
    Latitude
    32.447061

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    FAQs

    What type of property is this?
    Land - Build Your Dream in Carlsbad, NM
    Where is this land located?
    The property is located at 1601 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: $477,000 asking price.; 1.03-acre land parcel.; Located at 1601 Skyline Drive, Carlsbad, NM 88220.
    Request Owner's contact information
    1601 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
    1601 Skyline Dr Carlsbad, NM 88220
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