Dark Canyon Road Carlsbad
Carlsbad, NM 88220
National Parks Highway 62, Carlsbad · Land For Sale · 1,865.00 AC

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. Come develop in Eddy County, ranked first in business growth and investment in a recent study by SmartAsset. The study relies on several industries to support its findings include nuclear, potash, manufacturing, retail, oil and gas, aviation, and construction. Commercially, retail and restaurant businesses have added to the market mix as well with the addition ofthe first Starbucks, Carls Jr and Burger King.