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    2018-5 Mission Ave Carlsbad, NM 88220

    For Sale
    $169,000

    2.11 Acres, City Water Nearby

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.11-acre parcel presents a unique opportunity to build your dream home in the desirable La Huerta area of Carlsbad, New Mexico. Located at 2018-5 Mission Avenue, this property offers the wide-open space many seek, while enjoying convenient access to city amenities. The land is situated on the north side of Mission Avenue, just before the street ends, providing a sense of seclusion and tranquility. City water is readily available nearby, eliminating the need for well installation. Electricity is already on-site, simplifying the construction process. While a septic system will be required, the existing infrastructure significantly reduces the initial development hurdles. The property's address is 2018-5 Mission Avenue, Carlsbad, NM 88220, and its coordinates are 32.45886 latitude and -104.220801 longitude. This lot, located in Eddy County, presents a fantastic chance to create a custom home in a peaceful setting, yet still close to the conveniences of Carlsbad. The asking price for this expansive property is $169,000. Don't miss this chance to own a piece of New Mexico's charm and build your ideal home.

    Property Features for 2018-5 Mission Ave

    General Information

    Property type
    Land
    Lot Size
    91,912 SF

    HighLights

    • $169,000 asking price.
    • 2.11‑acre land parcel.
    • Located in Carlsbad, NM, at 2018‑5 Mission Avenue, Eddy County, zip code 88220.
    • City water nearby, electricity on‑site; septic system required.
    • Situated on the north side of Mission Avenue near a dead end.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Spa & Massage Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Storage Facility Garden Center Furniture Store Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.220801
    Latitude
    32.45886

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    FAQs

    What type of property is this?
    Land - 2.11 Acres, City Water Nearby
    Where is this land located?
    The property is located at 2018-5 Mission Ave Carlsbad, NM.
    What is the asking price?
    The asking price for this property is $169,000.
    What are key features of this property?
    This property features: $169,000 asking price.; 2.11-acre land parcel.; Located in Carlsbad, NM, at 2018-5 Mission Avenue, Eddy County, zip code 88220.
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    2018-5 Mission Ave 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
    2018-5 Mission Ave Carlsbad, NM 88220
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