0 Church St Carlsbad, NM 88220
This exceptional 188-acre land parcel presents a unique opportunity for large-scale development in Carlsbad, New Mexico. Located conveniently north of West Church Street in Eddy County, this expansive property boasts stunning natural beauty, including breathtaking sunsets and unobstructed views ideal for stargazing. The expansive acreage allows for the creation of numerous large lots, perfect for building dream homes or a planned community. Imagine the possibilities – a tranquil residential development nestled amidst the natural landscape, offering residents a peaceful escape while still being close to city amenities. The property's significant size provides ample room for creative planning and design, accommodating a variety of development styles and densities. While the property itself does not include existing utilities, city water and electricity are readily accessible nearby, simplifying the infrastructure development process. This is a rare chance to acquire a substantial tract of land in a desirable location, offering significant potential for both residential and potentially commercial development. The property's address is N of W Church Street, Carlsbad, NM 88220, and its GPS coordinates are 32.42874 latitude and -104.2562869 longitude. The asking price for this remarkable property is $640,000.
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.