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Property profile

5501 Production Ln Carlsbad, NM 88220

OFF-MARKET
Land
5 ac lot

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 5 ac (217,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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