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Property profile & analytics

4403 Owe Carlsbad, NM 88220

  • Commercial real estate
  • 9,542 SF
  • 1.00 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 4403 Owe

Year built
1975
Lot size
1.00 lot acres
Property size
9,542 SF
Property type
Commercial real estate

Description

This unique Carlsbad property offers a compelling investment opportunity, combining commercial and residential elements. The core asset is a substantial 9,542 square foot metal industrial building situated at 4403 Sycamore Street, Unit 1202. This building is ideally suited for a variety of uses, boasting features such as ample office space, a bathroom, heavy-duty overhead cranes, and convenient overhead and sliding exterior doors. Recent upgrades include a complete new lighting system throughout. The building's previous use was as a machine shop, highlighting its suitability for manufacturing or similar operations. Adding to the property's versatility is a separate residential component located at 1202 Owens Street. This comprises a comfortable three-bedroom, two-bathroom mobile home, perfect for owner-occupancy or rental income. The mobile home features a large patio area, a refreshing swimming pool, and a substantial six-car carport, providing ample parking and outdoor living space. The entire property sits on a one-acre lot, offering significant potential for expansion or future development. This combined commercial and residential offering presents a rare opportunity to acquire a substantial property at an attractive price of $475,000. The property's diverse features and ample space make it an ideal investment for a discerning buyer seeking a blend of commercial and residential assets in a single location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Carlsbad
County
Eddy
State
New Mexico
Longitude
-104.245
Latitude
32.3649
More about this property
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