0 Tbd Tovar Rd Carlsbad, NM 88220
This exceptional 20.26-acre property presents a unique investment opportunity in Carlsbad, New Mexico. Located outside city limits, this expansive land tract offers significant potential for various commercial and industrial uses. The property is comprised of two contiguous 10.13-acre parcels, providing flexibility for development or separate sale. Each parcel boasts convenient frontage on Tovar Road, ensuring excellent accessibility and visibility. The zoning designation is Outside City Limits, allowing for a wide range of development possibilities, subject to local regulations. With its substantial size and strategic location in Carlsbad, this property is ideally suited for businesses seeking ample space for expansion or new ventures. The asking price for the combined 20.26 acres is $200,000, offering a compelling value proposition for discerning investors. Serious inquiries are encouraged to explore the full potential of this remarkable land offering. The property's address is listed as TBD Tovar Rd, Carlsbad, NM 88220. The latitude and longitude coordinates are 32.31030308658879 and -104.2464251721403 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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