Property profile

1626 Airway Dr Carlsbad, NM 88220

OFF-MARKET
Warehouses
2.94 ac lot Built 2014
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Property summary

AI-generated overview

This exceptional commercial property, located at 1626 Airway Drive in Carlsbad, New Mexico, presents a unique investment opportunity. Situated on a generous 2.94-acre lot, the property boasts a substantial 7369 square foot building, perfectly suited for a variety of commercial uses. The warehouse space is complemented by a well-appointed 3289 square foot office area. The office space features ten individual offices, providing ample room for staff and management. A fully equipped kitchen and a restroom with a shower add to the convenience and functionality of the space. A dedicated conference room, along with two additional private offices, offers versatile space for meetings and collaborative work. The property was constructed in 2014 and is located in Eddy County, New Mexico, with the zip code 88220. The asking price for this versatile and well-maintained property is $950,000. This is an ideal opportunity for businesses seeking a combination of warehouse and office space in a desirable location. The expansive lot size also offers potential for future expansion or development. Don't miss this chance to acquire a prime commercial property in Carlsbad, New Mexico.

Property profile

Verified
Property type Warehouses
Year built 2014
Lot 2.94 ac (128,066 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1626 Airway Dr Carlsbad, NM 88220
Carlsbad metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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