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    Property profile & analytics

    3002 San Jose Blvd Carlsbad, NM 88220

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US61-0400296
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3002 San Jose Blvd

    Year built
    1960
    Property type
    Commercial real estate

    Description

    This exceptional investment opportunity presents a three-unit property located at 3002 San Jose Boulevard in Carlsbad, New Mexico, 88220. Built in 1960, this special purpose property is offered at an asking price of $200,000. The property comprises three units, each offering a unique layout. Two units (B and C) feature two bedrooms and one bathroom, while unit A boasts three bedrooms and one bathroom. Each unit is approximately 880 square feet. The units feature open floor plans, providing a comfortable and spacious living environment. Convenient refrigerated air conditioning ensures year-round comfort, and covered parking is available for residents. While the floor plans vary slightly between units, each offers a functional and appealing living space. This property is situated in Eddy County and presents a strong potential for rental income and future appreciation. The property's location in Carlsbad offers access to local amenities and services. This is an ideal opportunity for investors seeking a multi-family property with established rental potential in a desirable location. Serious inquiries are encouraged to explore this promising investment.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.2285564
    Latitude
    32.388376

    Comparable in this City

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    • $1,200,000
      31.16 Acres

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      Prime 18,948 sq ft lot in Carlsbad, NM.
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      Carlsbad Land Parcels For Sale

      Land parcels available in Carlsbad, NM, near major landmarks.
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      2,100 SF

      Carlsbad Commercial Space - High Visibility

      Prime location, ample parking, great for office or retail.
      1709 Church St, Carlsbad, NM 88220
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    Similar Nearby for Sale

    • Contact for pricing
      6.71 Acres

      Carlsbad, NM Redevelopment Opportunity

      6.71 Acres, Lakefront Potential
      512 Grn St, Carlsbad, NM 88220
      View Details
    • $136,000
      16.00 Acres

      Carlsbad Land: 16 Acres, $136K

      Prime Eddy County land, ideal for development.
      2801 Holland Ln, Carlsbad, NM 88220
      View Details
    • $1,200,000
      31.16 Acres

      Carlsbad Land: 31 Acres Near Golf Course

      Prime 31-acre lot, Carlsbad, NM. Excellent development potential.
      713 Ridgecrest Dr Dr, Carlsbad, NM 88220
      View Details
    • $75,000

      Carlsbad Land: Build Your Dream Home

      Prime 18,948 sq ft lot in Carlsbad, NM.
      710 Ridgecrest Dr Dr, Carlsbad, NM 88220
      View Details
    • Contact for pricing

      Carlsbad Land Parcels For Sale

      Land parcels available in Carlsbad, NM, near major landmarks.
      103 W Pierce St, Carlsbad, NM 88220
      View Details
    • Contact for pricing
      2,100 SF

      Carlsbad Commercial Space - High Visibility

      Prime location, ample parking, great for office or retail.
      1709 Church St, Carlsbad, NM 88220
      View Details

    Similar Nearby for Lease

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    • Contact for pricing
      9,375 SF

      Eddy County Flex Space - 9,375 SF

      Modern industrial flex space; ideal for various uses.
      167 Kelly Rd, Carlsbad, NM 88220
      View Details
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    3002 San Jose Blvd
    Carlsbad, NM 88220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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