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Flex Property with Attached Living Space
New
For Sale
$1,349,999

1824 Railroad, Carlsbad, NM 88220

Shop space includes three bay doors, electrical service, foam insulation, and a loft with separate bay access.

Property Size5,997 SF
Price / SF$225.12
Days on Market3

Property Features for 1824 Railroad

General Information

Standard status Active
Size 5,997 SF

Warehouse & Industrial

Warehouse Space 4,271 SF
Office Build-Out 1,726 SF
Mezzanine 1,726 SF

Additional Details

Fenced Yard Yes
Property Use Shop

Building Details

Year Built 2025
Buildings 2
Building Size 5,997 SF
Listing Agency: Summit Real Estate
Listed By: Jamie Belcher
Source: Homesteaders-realty
Added: Nov 1 Last Checked: Nov 3 at 7:10AM

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 Summit Real Estate

Rey
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Investment Insights

Based on property information with market context.

Built in 2025, this flex property combines a 4,270.56-square-foot shop with 1,726.11 square feet of attached living or office space. The shop has three bay doors, full electrical service, foam insulation, and a two-level loft with its own bay door. A half bath includes washer and dryer hookups and a utility sink. The attached area has two bedrooms, two full bathrooms, a kitchen, and a walk-in pantry, with a separate entrance into the shop. Total area across the shop and attached space is 5,996.67 square feet, plus a 1,726-square-foot loft.

Outdoor features include paved and gravel yard areas, a gated privacy fence, a fenced backyard with greenery, and a separate storage building. Sale includes an electric scissor lift, forklift, and electric pallet jack.

Key Highlights

  • 4,270.56‑square‑foot shop with three bay doors and full electrical service
  • Two‑level, 1,726‑square‑foot loft with its own bay door
  • 1,726.11‑square‑foot attached living or office area with two bedrooms and two full bathrooms

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Electrical Service Spa & Massage Center Hair Salon Grocery & Convenience Store Storage Facility

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

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

274
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Shop space includes three bay doors, electrical service, foam insulation, and a loft with separate bay access.
Where is this flex space located?
The property is located at 1824 Railroad Carlsbad, NM.
What is the asking price?
The asking price for this property is $1,349,999.
What are key features of this property?
This property features: 4,270.56‑square‑foot shop with three bay doors and full electrical service; Two‑level, 1,726‑square‑foot loft with its own bay door; 1,726.11‑square‑foot attached living or office area with two bedrooms and two full bathrooms
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