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Property profile & analytics
OFF-MARKET
Land

4029 Derrick Rd Carlsbad, NM 88220

39 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 39-acre commercial land parcel presents a unique investment opportunity in Carlsbad, New Mexico. Strategically located south of Pecos Highway 285, this property boasts convenient access from both Porter Road and Derrick Road, ensuring high visibility and easy accessibility for potential businesses. The expansive lot size offers ample space for a wide range of commercial developments, making it ideal for entrepreneurs and investors seeking significant growth potential. The property includes valuable CID water rights, a crucial asset for any commercial venture in this area. Its prime location makes it particularly attractive for businesses seeking high traffic and visibility. The address is 4029 E Derrick Road, Carlsbad, NM 88220, within Eddy County. The asking price for this exceptional property is $1,800,000. Given its size, location, and water rights, this land represents a compelling investment opportunity in a thriving New Mexico market. Serious inquiries are encouraged to explore the possibilities this property offers. The property's coordinates are 32.3404614 latitude and -104.1490668 longitude.

Property profile
Verified
Property type Land
Lot 39 ac (1,698,840 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
by Request
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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