802 Fountain Dr Carlsbad, NM 88220
- Land
- 64.76 lot acres
Current Use by Public Records
- Land
Property Details for 802 Fountain Dr
- Lot size
- 64.76 lot acres
- Property type
- Land
Description
This exceptional 64.76-acre parcel of land presents a unique investment opportunity in Carlsbad, New Mexico. Located south of 802 Fountain Drive in Eddy County, this property enjoys a desirable location north of Texas Street and south of Church Street, adjacent to the city limits. The convenient proximity to city services is highlighted by the availability of a city water line situated along Fountain Drive and Church Street. Owners will appreciate the expansive views to the south and west, offering breathtaking vistas from C-Hill. The property's potential for annexation into the City of Carlsbad adds significant long-term value. This expansive tract is ideal for a variety of uses, subject to city and county approvals. It's important to note that the parcel offered for sale does not include any existing well pad. The asking price for this remarkable property is $712,360. This represents a compelling opportunity to acquire a substantial land holding in a rapidly growing area with excellent potential for future development. The property's location and access to utilities make it an attractive proposition for both residential and commercial ventures. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Carlsbad
- County
- Eddy
- State
- New Mexico
- Longitude
- -104.273
- Latitude
- 32.429
