0 Tovar Rd Carlsbad, NM 88220
This exceptional investment opportunity presents 10 to 20 acres of level land in Carlsbad, New Mexico, ideally situated between Highway 62/180 and Old Cavern Highway. The property's strategic location offers unparalleled access to major transportation routes, making it highly attractive for a variety of commercial and industrial uses. Located less than one mile from Highway 62/180, this site boasts convenient access to the city's infrastructure and amenities. Two 10-acre parcels are available for purchase individually or together. One 10-acre parcel is priced at $125,000, while the combined 20 acres are offered at $200,000. The land itself features a flat topography, simplifying development and construction. Electricity is readily available nearby, further enhancing the property's appeal to potential buyers. The property's APN is 4156135199084. This is a rare opportunity to acquire a significant land holding in a thriving New Mexico community. The property is zoned for commercial and industrial uses, providing flexibility for a wide range of development projects. Don't miss this chance to secure a prime location for your next venture in Carlsbad, NM. The address is Tovar Rd, Carlsbad, NM 88220.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.