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Property profile & analytics
OFF-MARKET
Land

2210 Opal St Carlsbad, NM 88220

170.9 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 170.9-acre land parcel presents a compelling investment opportunity in Carlsbad, New Mexico. Strategically located west of 2210 Opal Street, this property benefits from convenient access via the newly opened (2023) West County Bypass Road. A portion of the land is also accessible from Dona Ana Road, Martin Lane, and Opal Street to the east, offering multiple points of entry. A significant advantage is the availability of city water on Martin Lane, simplifying development plans. Furthermore, a portion of this expansive property possesses potential for city annexation, opening doors to a wider range of development possibilities and potentially increasing its value. The property's size and location make it suitable for a variety of uses, from commercial development to potential residential subdivisions, subject to local zoning regulations and approvals. The asking price is $1,452,650. This represents a unique chance to acquire a substantial land holding in a growing area of Eddy County, New Mexico, with excellent infrastructure access and future development potential. The property is located in the 88220 zip code.

Property profile
Verified
Property type Land
Lot 170.9 ac (7,444,404 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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