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Property profile & analytics
OFF-MARKET
Land

502 Oakwood Pl Pl Carlsbad, NM 88220

Property ID
Property summary
AI-generated overview

This exceptional 19,881.12 square foot lot, located at 502 Oakwood Place in the desirable Ridgecrest Subdivision of Carlsbad, New Mexico, presents a unique opportunity to build your dream home. Situated in Eddy County, zip code 88220, this property boasts a prime location offering breathtaking sunrises and sunsets. The planned development is surrounded by natural beauty, creating a serene and idyllic setting. Underground utilities are conveniently located near the site, simplifying the construction process. This custom home site is particularly appealing to golf enthusiasts, given its proximity to golfing opportunities (though specific details about nearby golf courses are not provided). The asking price for this remarkable piece of land is $75,000. The property's coordinates are 32.426272 latitude and -104.2036789 longitude. Don't miss this chance to own a piece of Carlsbad's captivating landscape and create your perfect home. This is a truly exceptional opportunity to build in a beautiful and convenient location.

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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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