2406 Lea St Carlsbad, NM 88220
This exceptional 16,204.32 square foot lot, located at 2406 W Lea Street in Carlsbad, New Mexico, presents a fantastic opportunity for building your dream home or developing a project. Situated in Eddy County, zip code 88220, this property offers convenient access to local amenities. The location provides quick and easy access to various stores and sports complexes, enhancing the overall livability and appeal of this desirable parcel. The asking price for this expansive land is $90,000. The property is classified as land and offers significant potential for residential or commercial development. Its size provides ample space for a variety of construction plans, allowing for creativity and flexibility in design. The coordinates for this property are latitude 32.414838 and longitude -104.257007. This is a rare opportunity to acquire a sizable lot in a convenient location within Carlsbad, New Mexico. Don't miss out on this chance to secure a piece of land with excellent potential. Serious inquiries are encouraged. The property is ready for its next chapter, and awaits your vision.
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
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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.