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Property profile & analytics
OFF-MARKET
Land

42 Colbert Rd Artesia, NM 88210

10 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10-acre land parcel presents a unique opportunity for those seeking a tranquil country setting without sacrificing convenience. Located west of 42 Colbert Road in Artesia, New Mexico, this property offers ample space for various uses, including residential development or agricultural pursuits. The land is situated behind another 10-acre parcel, with a recorded easement ensuring convenient access. Enjoy the peace and quiet of rural living while still being within reasonable proximity to the amenities of Artesia. The property's size provides a comfortable distance from neighbors, ensuring privacy while maintaining a sense of community. Previously part of a larger family holding, this 10-acre lot is now available for purchase. The asking price is $40,000. This represents an excellent investment opportunity in a desirable location. Don't miss your chance to own this expansive piece of land in Eddy County, New Mexico, zip code 88210. The property's coordinates are 32.836528 latitude and -104.562626 longitude.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 SF)
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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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