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Property profile & analytics
OFF-MARKET
Land

213-1 Coleman Rd Carlsbad, NM 88220

820.22 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 820.22-acre land parcel presents a unique investment opportunity in Carlsbad, New Mexico, situated in Eddy County. The property, located at 213-1 Coleman Road, zip code 88220, boasts a substantial size ideal for various development projects or as a significant land holding. Access to the property is facilitated by an existing easement on Cactus Road. A key feature is the inclusion of an Otis water meter, providing a crucial utility connection. The seller is offering attractive owner financing options, making this a particularly accessible acquisition for qualified buyers. The property's coordinates are 32.32418 latitude and -104.22441 longitude. While the marketing materials initially mentioned a smaller 9.16-acre parcel, this listing clarifies the total acreage is significantly larger at 820.22 acres. This expansive land area offers considerable potential for a wide range of uses, subject to local zoning regulations and permitting requirements. Serious inquiries are encouraged to explore the possibilities of this substantial land holding in a desirable New Mexico location. The asking price for this substantial property is $180,000.

Property profile
Verified
Property type Land
Lot 820.22 ac (35,728,783 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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