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    2210 Opal St Carlsbad, NM 88220

    For Sale
    $1,452,650

    Prime Eddy County land, city water access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 170.9-acre land parcel presents a compelling investment opportunity in Carlsbad, New Mexico. Strategically located west of 2210 Opal Street, this property benefits from convenient access via the newly opened (2023) West County Bypass Road. A portion of the land is also accessible from Dona Ana Road, Martin Lane, and Opal Street to the east, offering multiple points of entry. A significant advantage is the availability of city water on Martin Lane, simplifying development plans. Furthermore, a portion of this expansive property possesses potential for city annexation, opening doors to a wider range of development possibilities and potentially increasing its value. The property's size and location make it suitable for a variety of uses, from commercial development to potential residential subdivisions, subject to local zoning regulations and approvals. The asking price is $1,452,650. This represents a unique chance to acquire a substantial land holding in a growing area of Eddy County, New Mexico, with excellent infrastructure access and future development potential. The property is located in the 88220 zip code.

    Property Features for 2210 Opal St

    General Information

    Property type
    Land
    Lot Size
    7,444,404 SF

    HighLights

    • 170.9‑acre land parcel in Carlsbad, NM, priced at $1,452,650.
    • Convenient access via the new (2023) West County Bypass Road, plus access from Dona Ana Road, Martin Lane, and Opal Street.
    • City water available on Martin Lane.
    • Potential for city annexation.
    • Suitable for various commercial or residential uses (subject to zoning).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Hotel & Motel Auto Parts Store Storage Facility Electrical Service Computer & Electronic Repair Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.266854
    Latitude
    32.395824

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    FAQs

    What type of property is this?
    Land - Prime Eddy County land, city water access.
    Where is this land located?
    The property is located at 2210 Opal St Carlsbad, NM.
    What is the asking price?
    The asking price for this property is $1,452,650.
    What are key features of this property?
    This property features: 170.9-acre land parcel in Carlsbad, NM, priced at $1,452,650.; Convenient access via the new (2023) West County Bypass Road, plus access from Dona Ana Road, Martin Lane, and Opal Street.; City water available on Martin Lane.
    Request Owner's contact information
    2210 Opal St 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
    2210 Opal St Carlsbad, NM 88220
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