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Property profile & analytics
OFF-MARKET
Land

308 Cactus St Carlsbad, NM 88220

Property ID
Property summary
AI-generated overview

This exceptional commercial land parcel, located at 308 Cactus Street in Carlsbad, New Mexico, presents a unique investment opportunity. Spanning 10,887.5 square feet – approximately a quarter of an acre – this property offers significant potential for various commercial ventures. Situated in Eddy County, with a zip code of 88220, the lot enjoys convenient access to key transportation routes and local amenities. The property's flat topography simplifies development, minimizing site preparation costs. The asking price is $55,000, making it an attractive proposition for developers, investors, or businesses seeking a strategic location to establish their presence. Its commercial zoning allows for a wide range of potential uses, subject to local regulations and approvals. Detailed site plans and zoning information are readily available upon request. This is an excellent chance to acquire a well-positioned commercial lot in a growing New Mexico community. The property's coordinates are 32.386508 latitude and -104.2167352 longitude. Don't miss this opportunity to secure this valuable piece of Carlsbad real estate.

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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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