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    396 Happy Valley Rural Rd Carlsbad, NM 88220

    For Sale
    $138,000

    Prime 3-acre lot in Carlsbad, NM, owner financing offered.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 3.016-acre parcel of land presents a unique investment opportunity in the desirable Happy Valley area of Carlsbad, New Mexico. Located directly on Happy Valley Road (NM Hwy 524), this property boasts convenient access and high visibility. The expansive lot offers significant potential for a variety of uses, making it ideal for those seeking to build a custom home, develop a small commercial project, or simply enjoy the tranquility of rural New Mexico living. The asking price is $138,000. A significant advantage for prospective buyers is the seller's willingness to consider owner financing, making this property accessible to a wider range of potential investors. The property's address is 396 Happy Valley North Rural Road, Carlsbad, NM 88220, situated in Eddy County. Its precise coordinates are latitude 32.421709 and longitude -104.2842756. This is a rare opportunity to acquire a substantial piece of land in a sought-after location with flexible financing options. Don't miss out on this chance to secure your piece of New Mexico.

    Property Features for 396 Happy Valley Rural Rd

    General Information

    Property type
    Land
    Lot Size
    131,377 SF

    HighLights

    • $138,000 asking price.
    • 3.016‑acre land parcel.
    • Located in Carlsbad, Eddy County, New Mexico.
    • Address: 396 Happy Valley North Rural Road, Carlsbad, NM 88220.
    • Situated on NM Hwy 524 (Happy Valley Road).
    • Owner financing considered.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Carlsbad
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.2842756
    Latitude
    32.421709

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    FAQs

    What type of property is this?
    Land - Prime 3-acre lot in Carlsbad, NM, owner financing offered.
    Where is this land located?
    The property is located at 396 Happy Valley Rural Rd Carlsbad, NM.
    What is the asking price?
    The asking price for this property is $138,000.
    What are key features of this property?
    This property features: $138,000 asking price.; 3.016-acre land parcel.; Located in Carlsbad, Eddy County, New Mexico.
    Request Owner's contact information
    396 Happy Valley Rural Rd 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
    396 Happy Valley Rural Rd Carlsbad, NM 88220
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