2908 San Jose Blvd Carlsbad, NM 88220
This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in Carlsbad, New Mexico. Located at 2908 San Jose Boulevard, this property boasts a highly desirable location on the south side of the city, within a rapidly expanding area. Its strategic positioning offers convenient access to major transportation arteries, including Highways 62/180 and Highway 285, ensuring excellent connectivity for businesses and their clientele. The asking price for this exceptional lot is $160,000. The property is zoned for commercial use (specific zoning details should be independently verified), making it ideal for a wide range of commercial ventures. Given the property's location in a growth area, it represents a strong potential for future appreciation. The 1-acre lot provides ample space for development, allowing for flexibility in design and construction to suit specific business needs. This is a rare opportunity to acquire a prime commercial lot in a thriving New Mexico city. The property is situated in Eddy County, New Mexico, with a zip code of 88220. Its geographical coordinates are 32.389777 latitude and -104.2286402 longitude. Serious inquiries are encouraged to explore this promising investment prospect further.
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.