1501 Luckey St Carlsbad, NM 88220
This exceptional 11,550 square foot residential lot presents a fantastic opportunity in Carlsbad, New Mexico. Located at 1501 W Luckey Street, in Eddy County, zip code 88220 (32.427248, -104.24523), this property is zoned R-1, allowing for a wide range of residential construction possibilities. The asking price is $40,000. The lot is ideally suited for building a new home, with the added benefit of allowing double-wide manufactured homes. While city water and electricity are conveniently located nearby, potential buyers are strongly encouraged to independently verify the availability and specifics of all utilities. It's important to note that property lines depicted in any accompanying photographs are approximate and should not be considered definitive. This is a prime opportunity to acquire a sizable lot in a desirable location, perfect for creating your ideal living space. Seize this chance to build your dream home in Carlsbad. Act quickly, as this property is expected to attract significant interest.
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.
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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.