Catylist ID: #30298870
Carlsbad NM - 2000 Acres +/-
Vacant Land for Sale
|Catylist Listing ID:||30298870|
|Property Subtypes:||Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage|
|Gross Land Area:||970 - 1,941 Acres|
|Sale Price:||$4,800,000 - 35,000,000|
|Land Splits Available:||Yes|
|Adjacent Parcels Available:||Yes|
|Sale Terms:||Cash to Seller, Purchase Money Mortgage, Owner Financing|
Overview / Comments
Covering almost three sections just Southeast of the Carlsbad airport with frontage on both sides of Hwy 180 (National Parks Highway) and set right in the heart of the oil and gas fields of the Permian Basin. Frontage suitable for retail, industrial and commercial sites.
The general area is considered excellent for commercial/residential and possibly RV park usage due to the large need for permanent and temporary housing. Just minutes from the airport and the famous Carlsbad Caverns, the area is well known for the exploding growth of industry related to the energy sector.
The greatest value of the land would be the water resource making possible for industrial development, oil and gas well drilling operations as well as providing resources for housing, commercial and industrial development. Currently, the site has been used for drilling as well as a number of water wells.
Income opportunities include solar field, fracking, drilling (oil/gas/water) and land lease for energy sector-related industries.
Hypothetical vertical opportunities for development include up to 2,500 multi-family and apartments. 650+ single family homes, 250+ senior housing units, 1,720+ RV park units, 468+ acres of industrial park for engineering, science & technology innovation, and 500 acres for open space, schools, and police/fire supporting public services.
Attachments & Media
|Taxing Authority:||Eddy County NM|
|Tax ID/APN:||Available upon request|
|Legal Description:||Available upon request|
|Highway Access:||US Hwy 62/180|
|Airports:||Carlsbad City Air Terminal|
|Site Description:||The site has numerous pipelines located on the property, with well pads supporting pumping jacks. In addition easements for the airport, located west of the property exist. Environmental reports are available upon request and with an acceptable PSA.|
|Lot Frontage:||2 miles on Hwy 180|
|Zoning Description:||Mixed Use for Industrial, Commercial, Residential and Agricultural development|
|Development Name:||Carlsbad 960|
|Easements:||Pipelines, Electric Lines, Ingress/Egress, Water Rights, Utilities, Environmental|
|Easements Description:||Available upon request|
|Water Service:||Well, Other|
Tim LopezKW Commercial CARNM CIE Member
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