1700 Riverside Dr Carlsbad, NM 88220
This exceptional 18,730.8 square foot vacant lot presents a unique opportunity in Carlsbad, New Mexico. Situated west of 1700 W Riverside Drive, in Eddy County, zip code 88220 (latitude 32.4422526, longitude -104.248563), this property boasts direct access to the Pecos River. A significant advantage is the absence of a homeowner's association (HOA), eliminating associated fees and restrictions. Unlike many riverfront properties, this lot offers complete privacy with no public beach access; the entire riverfront is yours to enjoy. The asking price for this remarkable parcel is $500,000. This is a rare chance to own a substantial piece of riverfront land with unparalleled seclusion and freedom from HOA regulations. The property is ideal for those seeking a private retreat or a unique development opportunity. Its location in Carlsbad, New Mexico provides access to the city's amenities while maintaining a tranquil, riverside setting. Serious inquiries are encouraged.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.