880 Derrick Rd Carlsbad, NM 88220
- Commercial real estate
- 4.52 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 880 Derrick Rd
- Lot size
- 4.52 lot acres
- Property type
- Commercial real estate
Description
This exceptional 4.523-acre commercial lot is ideally situated in Carlsbad, New Mexico, at 880 W Derrick Road, zip code 88220. Located conveniently east of the Cavern City Air Terminal, this property presents a fantastic opportunity for commercial or industrial development. The land is ready for immediate construction, with all lots to be leveled and caliched prior to sale. Infrastructure is already in place, including city water access and paved street frontage. Electricity is readily available along Production Lane. Buyers should note that septic systems are not included and will be required. This property offers significant potential for businesses seeking a strategic location with excellent access and amenities. The asking price for this exceptional parcel is $359,758. For those interested in leasing, the seller will consider lease options at a rate of $1060.00 per acre, with leasing terms to be determined. This is a rare opportunity to acquire a well-positioned, fully prepared commercial lot in a thriving New Mexico community. Don't miss out on this chance to establish your business in a prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Carlsbad
- County
- Eddy
- State
- New Mexico
- Longitude
- -104.24094
- Latitude
- 32.342228
