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Property profile & analytics
OFF-MARKET
Land

0 Of 1502 Carlsbad, NM 88220

Property ID
Property summary
AI-generated overview

This exceptional 10,018.8 square foot residential lot presents a fantastic opportunity in Carlsbad, New Mexico. Located west of 1502 W Bonbright, in Eddy County, zip code 88220 (latitude 32.4268065, longitude -104.2452653), this property is zoned R-1, making it ideal for building a new home. The asking price is $40,000. The lot offers the potential to construct a single-family residence, and importantly, double-wide homes are permitted. While city water and electricity are conveniently located nearby, potential buyers are strongly advised to independently verify the availability and specifics of all utilities. Please note that property lines depicted in any accompanying photographs are approximate and should not be considered definitive. This is a prime opportunity to acquire a sizable lot in a desirable location, perfect for creating a custom-built home. Seize this chance to build your dream home in Carlsbad.

Property profile
Verified
Property type Land
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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