Size: Approximately 2,280 Acres (1,300 Annexed into Carlsbad, NM)
Price: $42,000,000 / $20,000 per Acre / $0.46 per Square Foot
Zoning: Please see the attached Land Use Summary
Utilities: Water/Sewer: City of Carlsbad, NM
Electric: Xcel Energy
Gas: New Mexico Gas Company
Cable/Internet: Comcast or Baja Broadband
Huge demand for all housing types from RV to single family, multi-family and workforce.
No impact fees for the builders
15% infrastructure re-imbursement program
Low property taxes
Good weather to build year around
Three miles of highway frontage across from the airport
Land is annexed and zoned with an existing PUD
All utilities in close proximity and have capacity
Property is mainly flat and very developable with no soil issues
All feasibility studies have been completed ALTA Survey, Phase I Environmental, Topographical Survey and Soils
Airport impact study has been completed that shows no adverse effect on building
The City officials are friendly and growth oriented
Hotels needed nightly fee is $375
Ready for developer to start building
No other large property to develop in Carlsbad area
Serious buyers only! Seller requires LOI, signed NDA, and disclosure of how the buyer will provide proof of funds on all OM properties.
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