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Property profile & analytics
OFF-MARKET
Land

396 Happy Valley Rural Rd Carlsbad, NM 88220

3.02 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.016-acre parcel of land presents a unique investment opportunity in the desirable Happy Valley area of Carlsbad, New Mexico. Located directly on Happy Valley Road (NM Hwy 524), this property boasts convenient access and high visibility. The expansive lot offers significant potential for a variety of uses, making it ideal for those seeking to build a custom home, develop a small commercial project, or simply enjoy the tranquility of rural New Mexico living. The asking price is $138,000. A significant advantage for prospective buyers is the seller's willingness to consider owner financing, making this property accessible to a wider range of potential investors. The property's address is 396 Happy Valley North Rural Road, Carlsbad, NM 88220, situated in Eddy County. Its precise coordinates are latitude 32.421709 and longitude -104.2842756. This is a rare opportunity to acquire a substantial piece of land in a sought-after location with flexible financing options. Don't miss out on this chance to secure your piece of New Mexico.

Property profile
Verified
Property type Land
Lot 3.02 ac (131,377 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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