5501 Production Ln Carlsbad, NM 88220
- Land
- 5.00 lot acres
Current Use by Public Records
- Land
Property Details for 5501 Production Ln
- Lot size
- 5.00 lot acres
- Property type
- Land
Description
This exceptional 5-acre commercial lot is ideally situated in Carlsbad, New Mexico, at 5501 Production Lane, zip code 88220. Located conveniently east of the Cavern City Air Terminal, this property presents a fantastic opportunity for commercial or industrial development. The land is ready for immediate construction, with all lots to be leveled and caliche-treated. Essential utilities are readily available, including electricity along Production Lane, city water, and paved street access. While septic systems are not included, they will be required by the buyer. This property offers significant potential for businesses seeking a strategic location with convenient access and infrastructure. The asking price is $397,500. The seller is also open to lease options, with a rate of $1060.00 per acre; leasing terms are negotiable. This is a rare opportunity to acquire a well-positioned, fully prepared commercial lot in a thriving New Mexico community. Don't miss out on this chance to establish your business in a prime location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Carlsbad
- County
- Eddy
- State
- New Mexico
- Longitude
- -104.24
- Latitude
- 32.3452