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Carlsbad Redevelopment Opportunity on Green
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512 E Green St, Carlsbad, NM 88220

6.71 acre lot with existing improvements for redevelopment.

Property Size8,800 SF
Lot Size6.71 Acres
Price / SF$136.36
Days on Market821

Property Features for 512 E Green St

General Information

Standard status Active
Size 8,800 SF
Lot size 6.71 Acres
Property subtype Land
Listing Agency: NRG Realty Group
Listed By: Justin Dodd · License #9004023
Source: Crexi
Added: May 28, 2024 Changed: Aug 21 Last Checked: Aug 24 at 9:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NRG Realty Group

Investment Insights

Based on property information with market context.

This 6.71-acre lot offers a redevelopment opportunity with frontage on Green Street. The property is situated next to Lower Transill Lake and is within walking distance of the Riverwalk Recreation Complex and Skatepark. The existing improvements include an office building and two shops totaling 8,800 square feet. The 2,300-square-foot office building contains three offices, three bathrooms, and two reception areas. One shop is 3,500 square feet and includes two 12-foot by 10-foot grade-level doors. The other shop is 3,000 square feet and features three 12-foot roll-up doors and covered parking in the back. The property is fully fenced and stabilized. Redeveloping this property into a hotel or restaurant establishment presents an opportunity for growth and revitalization.

Key Highlights

  • Large 6.71 acre lot with frontage on Green St.
  • Prime location next to Lower Transill Lake.
  • Redevelopment opportunity for hotel or restaurant.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

Demographics for 88220, NM

40,762
Population
17,692
Households
2.3
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
1,907.6 sq mi
ZIP Area
21
Density / Sq Mi
$79,668
Median Household Income
$45,302
Median Earnings
$1,218
Median Rent
$192,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 6.71 acre lot with existing improvements for redevelopment.
Where is this commercial land located?
The property is located at 512 E Green St Carlsbad, NM.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Large 6.71 acre lot with frontage on Green St.; Prime location next to Lower Transill Lake.; Redevelopment opportunity for hotel or restaurant.
(432) 363-4777 Call to check price and availability
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