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    3221 National Park Hwy Hwy Carlsbad, NM 88220

    For Sale
    $1,400,000

    2.02-acre commercial warehouse, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a substantial 10,848 square foot building situated on a highly visible 2.02-acre lot along the National Parks Highway in Carlsbad, New Mexico. The property boasts excellent highway frontage, ensuring unparalleled visibility and convenient access. The building itself is comprised of warehouse and office space, offering a versatile layout suitable for a variety of commercial uses. Currently, the property generates income through existing leases. The north end of the building is leased until December 31, 2025, while the south end is leased until September 30, 2026. The property also includes covered parking in the front and gated yards, enhancing security and convenience. This property is priced at $1,400,000. A 24-hour notice is required for all showings. Detailed lease information is available upon request. This is a rare opportunity to acquire a well-located, income-producing commercial property in a thriving New Mexico market. The property's size, location, and existing leases make it an attractive investment for discerning buyers. Located in Eddy County, New Mexico, with the address 3221 National Parks Highway, zip code 88220, this property offers significant potential for growth and return on investment.

    Property Features for 3221 National Park Hwy Hwy

    General Information

    Property type
    Distribution properties
    Lot Size
    87,991 SF

    HighLights

    • $1,400,000 asking price.
    • 2.02‑acre lot in Carlsbad, NM.
    • 10,848 square foot building with warehouse and office space.
    • Highway frontage with excellent visibility and access.
    • Partially leased through 2026.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Carlsbad
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.2235254
    Latitude
    32.3847845

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    FAQs

    What type of property is this?
    Distribution property - 2.02-acre commercial warehouse, high visibility.
    Where is this distribution property located?
    The property is located at 3221 National Park Hwy Hwy Carlsbad, NM.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: $1,400,000 asking price.; 2.02-acre lot in Carlsbad, NM.; 10,848 square foot building with warehouse and office space.
    Request Owner's contact information
    3221 National Park Hwy Hwy Carlsbad, NM 88220
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    Carlsbad, NM 88220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3221 National Park Hwy Hwy Carlsbad, NM 88220
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