4029 Derrick Rd Carlsbad, NM 88220
- Land
- 39.00 lot acres
Current Use by Public Records
- Land
Property Details for 4029 Derrick Rd
- Lot size
- 39.00 lot acres
- Property type
- Land
Description
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.
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
- -104.149
- Latitude
- 32.3405
