NOT LISTED FOR SALE

5701 Production Carlsbad, NM 88220

Estimated Value: $412,260

6.89 Acres
$59,826 Price per Acre
300,172 Sq Ft Lot

Sale Details

Date Sold: March 26, 2025

Current estimated payment $2,191 / mo

1211 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 Listed on: 10/21/2021

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
  • Irregular 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

6.89 Acres

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.
  • Reso Property Sub Type: Commercial
  • Prop. Type: Land
  • ResoLotFeatures: Irregular Lot, Gravel, Rock
  • Road Surface Type: Paved
  • Co List Office Mls Id: DUNAGANCARLSBAD
  • Co List Office Phone: 575-885-2138
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Mar 26, 2025
Sold by
Bought by
Seller's Agent
Michael Summers
CENTURY 21 DUNAGAN ASSOCIATES
Buyer's Agent
Esme Bernal
Keller Williams Realty Affinity
List Price
$547,834
Views
308
Current Estimated Value
$412,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.61%
Original Mortgage
$1,740,400
Outstanding Balance
$1,397,214
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$984,954
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Pioneer Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,740,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $30 $1,034 $1,034 $0
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

Agents Affiliated with this Home

  • Michael Summers

    Seller's Agent in 2025

    Michael Summers

    CENTURY 21 DUNAGAN ASSOCIATES

    (575) 200-5358

    41 Total Sales

    Michael Summers
    Section Image

  • G

    Seller Co-Listing Agent in 2025

    George Dunagan

    DUNAGAN ASSOCIATES

    Section Image
  • Esme Bernal

    Buyer's Agent in 2025

    Esme Bernal

    Keller Williams Realty Affinity

    (575) 361-4455

    134 Total Sales

    Esme Bernal
    Section Image
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Map

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

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.

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