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Property profile & analytics
OFF-MARKET
Land

701 Ridgecrest Dr Dr Carlsbad, NM 88220

Property ID
Property summary
AI-generated overview

This exceptional 11,326 square foot lot, located north of 701 Ridgecrest Drive in Carlsbad, New Mexico, presents a unique opportunity for building your dream home. Situated in Eddy County, zip code 88220, this property is part of a planned development, offering a desirable location and a promising future. The lot's current size is 11,326 square feet, but it is slated for replatting to increase its overall size, adding even more value to this already attractive offering. The asking price for this remarkable piece of land is $75,000. Its coordinates are 32.429237 latitude and -104.2059193 longitude, providing easy access to location verification services. This is an excellent investment opportunity for those seeking to build in a well-planned community within Carlsbad, NM. The property is conveniently located near Ridgecrest Drive, offering easy access to local amenities and transportation routes. Don't miss this chance to secure your future in this thriving New Mexico community. This lot is ready for development and offers a blank canvas for your ideal home.

Property profile
Verified
Property type Land
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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