396 Happy Valley Rural Rd Carlsbad, NM 88220
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.