Property profile

2401 Fairground Rd Artesia, NM 88210

OFF-MARKET
Land
2 ac lot
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Property summary

AI-generated overview

This exceptional 1.998-acre lot presents a unique opportunity to build your dream home in a desirable Artesia, New Mexico location. Situated just south of the city limits, this property offers breathtaking views and the perfect setting for a tranquil lifestyle. The land is conveniently located near existing homes, indicating a well-established and growing neighborhood. A paved road, 26th Street, provides easy access to the property. While utilities are not currently connected to the site, they are readily available in the area, with the Artesia Rural Water Coop potentially serving as a provider. Buyers should independently verify utility availability and connection costs. This expansive lot provides ample space for a custom home and landscaping, allowing for the creation of a truly personalized oasis. The property's location on the south edge of town offers a blend of peaceful seclusion and convenient proximity to Artesia's amenities and services. Imagine enjoying stunning Artesia sunsets from your own backyard. This is an exceptional opportunity to own a piece of land with significant potential in a rapidly developing area. The asking price is $85,000. The property is located north of 2401 W Fairground Road, Artesia, NM 88210, in Eddy County.

Property profile

Verified
Property type Land
Lot 2 ac (87,033 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2401 Fairground Rd Artesia, NM 88210
Artesia metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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