1000 Derrick Rd Carlsbad, NM 88220
- Land
- 160.65 lot acres
Current Use by Public Records
- Land
Property Details for 1000 Derrick Rd
- Lot size
- 160.65 lot acres
- Property type
- Land
Description
This exceptional 160.65-acre land parcel presents a compelling investment opportunity in Carlsbad, New Mexico. Situated just south of the city off Derrick Road, this property offers significant potential for various development projects. The asking price is $562,275, translating to $3,500 per acre. Its strategic location provides convenient access to existing infrastructure and nearby industrial development, making it an attractive option for businesses seeking expansion or new ventures. The property is located within the Otis Water District, providing access to municipal water services, or the option exists to drill a private well. The expansive acreage provides ample space for a wide range of development possibilities, from industrial facilities to potential residential subdivisions (subject to local zoning regulations). Detailed site surveys and environmental assessments are recommended to fully understand the development potential and any associated costs. This property is being offered as-is. Interested parties are encouraged to conduct their own due diligence to confirm suitability for their intended use. The property's address is 1000 E Derrick Road, Carlsbad, NM 88220. Contact us today to learn more about this unique opportunity.
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
- -104.204
- Latitude
- 32.3418
