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Retail Investment Property
For Sale
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218 N Canal St, Carlsbad, NM 88220

For sale retail asset with a stated 6.50% cap rate and 5,700 SF.

Property Size5,700 SF
Days on Market122

Property Features for 218 N Canal St

General Information

Standard status Active
Size 5,700 SF
Property subtype Retail

Additional Details

Cap Rate 6.5%
Listing Agency: Matthews
Listed By: Maxx Bauman · License #CA 01996741
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 5:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews

Investment Insights

Based on property information with market context.

This for-sale retail property is offered with a stated 6.50% cap rate. The asset totals 5,700 SF and is presented as a retail investment opportunity.

The property is located at 218 N Canal St in Carlsbad, New Mexico (88220).

Key Highlights

  • Retail asset for sale
  • Stated 6.50% cap rate
  • 5,700 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Electrical Service Grocery & Convenience Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby

Demographics for 88220, NM

40,762
Population
17,692
Households
2.3
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
1,907.6 sq mi
ZIP Area
21
Density / Sq Mi
$79,668
Median Household Income
$45,302
Median Earnings
$1,218
Median Rent
$192,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail asset with a stated 6.50% cap rate and 5,700 SF.
Where is this retail space located?
The property is located at 218 N Canal St Carlsbad, NM.
What are key features of this property?
This property features: Retail asset for sale; Stated 6.50% cap rate; 5,700 SF
More about this property
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