5451 Production Ln Carlsbad, NM 88220
- Land
- 5.00 lot acres
Current Use by Public Records
- Land
Property Details for 5451 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 5451 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 asking price is $397,500, and the seller is open to lease options at a rate of $1060.00 per acre, with lease terms to be determined. All lots will undergo leveling and caliche preparation prior to sale. The property boasts significant infrastructure advantages, including readily available 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. This property's prime location and readily available utilities make it an attractive investment for businesses seeking a strategic location in Carlsbad. The expansive lot size provides ample space for a variety of commercial or industrial projects. Don't miss this chance to acquire a well-positioned and prepared commercial land parcel in a thriving New Mexico community.
Value Estimation
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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
- -104.24
- Latitude
- 32.3465
