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Property profile & analytics
OFF-MARKET
Land

1642 Skyline Dr Carlsbad, NM 88220

1.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.25-acre commercial land parcel presents a unique investment opportunity in the thriving city of Carlsbad, New Mexico. Located at 1642 Skyline Drive, this property boasts a highly desirable location within Eddy County, offering excellent visibility and accessibility. The asking price is $477,000, representing a compelling entry point into the Carlsbad commercial real estate market. The expansive lot size provides ample space for a variety of development projects, catering to diverse business needs. Its strategic positioning within Carlsbad offers convenient access to major transportation routes, ensuring seamless connectivity for businesses and their clientele. The property's zoning and potential uses should be independently verified to ensure compliance with local regulations and development plans. This prime piece of land is ready for immediate development, making it an attractive proposition for both seasoned investors and new ventures seeking a foothold in a dynamic and growing New Mexico community. The property's address is 1642 Skyline Drive, Carlsbad, NM 88220. Detailed site plans and surveys are available upon request. This is an exceptional opportunity to acquire a significant commercial land holding in a strategic location. Don't miss out on this chance to secure a valuable asset in a rapidly developing area. Further due diligence is recommended to fully assess the property's potential.

Property profile
Verified
Property type Land
Lot 1.25 ac (54,450 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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