2802 Pierce St Carlsbad, NM 88220
This exceptional 72.3-acre commercial land parcel presents a remarkable development or investment opportunity in Carlsbad, New Mexico. Strategically located on the north side of the city, this property boasts convenient access via University Drive and Skyline Drive. A significant advantage is the inclusion of over 26 acres zoned C2, situated along a frontage road, offering substantial development potential. The property's accessibility is further enhanced by the recent installation of city water and sewer lines along the highway right-of-way, significantly reducing infrastructure development costs. The expansive lot size provides ample space for a wide range of commercial ventures, from large-scale industrial projects to retail developments. With its prime location and readily available utilities, this property represents a rare opportunity to capitalize on the growing commercial landscape of Carlsbad. The asking price for this substantial land holding is $2,500,000. The property's address is W 2802 W Pierce Street, Carlsbad, NM 88220, located in Eddy County.
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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.