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    801 Miehls Dr Carlsbad, NM 88220

    For Sale
    $863,500

    Prime Eddy County development land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 78.5-acre parcel presents a significant development opportunity in Carlsbad, New Mexico, located in Eddy County. The property boasts convenient access, with frontage on both Happy Valley Road and Church Street. City water is readily available, situated to the north on Church Street. The land's strategic location offers proximity to the city's Railroad Zone, opening up possibilities for diverse development projects. The expansive acreage allows for a range of uses, including residential-rural, residential, or commercial development. This presents a unique chance to capitalize on the growing Carlsbad market and create a substantial return on investment. The zoning and potential uses should be verified independently with the appropriate Eddy County authorities. The asking price for this substantial land holding is $863,500. Detailed surveys and environmental reports are recommended for any prospective buyer to fully assess the property's suitability for their intended development plans. This is a rare opportunity to acquire a large tract of land in a desirable location with excellent access and utilities. Don't miss this chance to secure a prime piece of Carlsbad real estate. The zip code for this property is 88220.

    Property Features for 801 Miehls Dr

    General Information

    Property type
    Land
    Lot Size
    3,419,460 SF

    HighLights

    • 78.5‑acre development site in Carlsbad, NM (Eddy County).
    • Frontage on Happy Valley Road and Church Street, with city water access.
    • Proximity to Carlsbad's Railroad Zone.
    • Suitable for residential‑rural, residential, or commercial development.
    • Priced at $863,500. Zip code 88220.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Clothing Store Gym & Fitness HVAC Service Storage Facility Garden Center Discount Store Car Rental Pawn Shop Pet Supply Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.2804551
    Latitude
    32.4290347

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    FAQs

    What type of property is this?
    Land - Prime Eddy County development land.
    Where is this land located?
    The property is located at 801 Miehls Dr Carlsbad, NM.
    What is the asking price?
    The asking price for this property is $863,500.
    What are key features of this property?
    This property features: 78.5-acre development site in Carlsbad, NM (Eddy County).; Frontage on Happy Valley Road and Church Street, with city water access.; Proximity to Carlsbad's Railroad Zone.
    Request Owner's contact information
    801 Miehls Dr 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
    801 Miehls Dr Carlsbad, NM 88220
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