Current Use by Public Records
- Land
Property Details for 5601 Production Ln
- Lot size
- 5.00 lot acres
- Property type
- Land
Description
This exceptional 5-acre commercial land parcel is ideally situated in Carlsbad, New Mexico, at 5601 Production Lane, zip code 88220. Located conveniently east of the Cavern City Air Terminal, this property presents a fantastic opportunity for commercial or industrial development. The land is ready for immediate construction, with all lots to be leveled and caliched prior to sale. Essential utilities are readily available, including electricity along Production Lane, city water access, and paved street frontage. Buyers should note that septic systems are not included and will be a requirement for any development. The asking price for this expansive property is $397,500. For those interested in leasing, the seller is open to considering lease options at a rate of $1060.00 per acre, with lease terms to be determined. This location offers excellent accessibility and visibility, making it an attractive investment for businesses seeking a strategic foothold in the Carlsbad market. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving New Mexico community.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Carlsbad
- County
- Eddy
- State
- New Mexico
- Longitude
- -104.241
- Latitude
- 32.3443
