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    2407 Greene St Hwy Carlsbad, NM 88220

    • Warehouses
    • 18.39 lot acres
    For Sale
    View listing
    $415,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 2407 Greene St Hwy

    Year built
    2011
    Lot size
    18.39 lot acres
    Property type
    Warehouses
    Property subtype
    Office Properties & Spaces

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.154
    Latitude
    32.4514

    Comparable in this City

    • Value Estimation by Request
      1.23 Acres

      204 Happy Valley Rd

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      6.80 Acres

      1609 Greene St

      Distribution properties • 6.80 Acres
      1609 Greene St, Carlsbad, NM 88220
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    • Value Estimation by Request
      2.53 Acres

      2007 Algerita St

      Manufacturing properties • 2.53 Acres
      2007 Algerita St, Carlsbad, NM 88220
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    • Value Estimation by Request
      2.94 Acres

      1626 Airway Dr

      Distribution properties • 2.94 Acres
      1626 Airway Dr, Carlsbad, NM 88220
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    • Value Estimation by Request

      2007 Algerita St

      Manufacturing properties
      2007 Algerita St, Carlsbad, NM 88220
      View Details
    • Value Estimation by Request

      1107 Stevens St

      Distribution properties
      1107 Stevens St, Carlsbad, NM 88220
      View Details

    Similar Nearby for Sale

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    • $415,000
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      Carlsbad Commercial Land & Building

      18-Acre Commercial Property w/ Building
      2407 Greene St Hwy, Carlsbad, NM 88220
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    Similar Nearby for Lease

    • $10 SF/Yr
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    • Contact for pricing
      9,375 SF

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    • $9,750 /Mo

      Carlsbad Land with Renovated Office

      20 acres of land for lease with office space.
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    2407 Greene St Hwy
    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
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