$399,834
SOLD MAR 26, 2025
Last list price

5701 Production Carlsbad, NM 88220

7 Acres
$58,023 Price per Acre
300,172 Sq Ft Lot

Recently Sold

1,211 Days on Market

About This Lot

As of March 2025

5 Acre lots now available. Ready to build on. Located just East of Cavern City Air Terminal. Great for Commercial / Industrial Businesses. Seller will consider Lease Options at $1060.00 per Acre. Leasing terms TBD. All lots will be leveled and caliched. Electricity along Production Lane. City Water and Paved Street. Septic not included and will be required by buyer.

Last Agent to Sell the Property

Michael Summers

CENTURY 21 DUNAGAN ASSOCIATES License #53622

CENTURY 21 DUNAGAN ASSOCIATES

Co-Listed By

George Dunagan

DUNAGAN ASSOCIATES License #4687

Last Buyer's Agent

Esme Bernal

KELLER WILLIAMS REALTY AFFINITY License #15447

KELLER WILLIAMS REALTY AFFINITY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,386

Lot Details

  • 6.89 Acre Lot
  • Level Lot

Utilities

  • Natural Gas Not Available
  • Septic Needed

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4156132442462

Property Details

Property Type

Land

Est. Annual Taxes

$5,386

Lot Details

0

Listing Details

  • Directions: Head South on US 285 to Derrick Road past Cavern City Air Terminal. Turn left on Derrick Road head east on Derrick about one mile, turn left on Production Lane. Properties are located on East side of Derrick Road.
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Co List Office Mls Id: DUNAGANCARLSBAD
  • Co List Office Phone: 575-885-2138
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 6.891
  • Topography: Level

Utilities

  • Utilities: Natural Gas Not Available, Electricity Connected
  • Electric: Near-Site
  • Gas: None
  • Sewer: Septic Needed
  • Electricity On Property: No
  • Water Source: City

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 300171.96
  • ResoLotSizeUnits: Acres
  • Parcel #: 4156132442462
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Green Features

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5385.6

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2025 03/26/25 Sold -- -- --
03/18/2025 03/18/25 Price Changed $399,834 -27.0% --
02/13/2025 02/13/25 Pending -- -- --
10/21/2021 10/21/21 For Sale $547,834 -- --
Source: New Mexico MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $30 $1,034 $1,034 $0
2023 $30 $1,034 $1,034 $0
2022 $30 $1,034 $1,034 $0
2021 $30 $1,034 $1,034 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,740,400 New Conventional
Previous Owner $30,000,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed -- Pioneer Title
Source: Public Records

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Source: New Mexico MLS

MLS Number: 20215684

New Mexico MLS

APN: 4-156-132-442-462

New Mexico Eddy County Carlsbad 88220

5701 Production, Carlsbad, NM

Homes for Sale in Carlsbad, NM

This home is located at 5701 Production, Carlsbad, NM 88220 and is currently priced at $399,834. 5701 Production is a home located in Eddy County with nearby schools including Joe Stanley Smith Elementary School, Cottonwood Elementary, and Carlsbad Sixth Grade Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New Mexico MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.