2007 Algerita St Carlsbad, NM 88220
This exceptional Carlsbad, New Mexico industrial property, located at 2007 Algerita Street, zip code 88220, presents a unique investment opportunity. The property encompasses 2.53 acres of land and features a substantial building totaling approximately 13,745 square feet. The main structure includes a 5,625 square foot shop/warehouse equipped with eight overhead roll-up doors and five loading docks. One warehouse section is plumbed for air conditioning. The property also boasts approximately 5,520 square feet of office space, complete with ten or more individual offices, a conference room, a kitchen/break room, and two open bullpen areas with capacity for six to eight additional workstations. A separate 4,160 square foot metal warehouse is included in the sale, sold "as is". The expansive yard is paved and secured by a high-security fence with two gated access points on the east and west sides. The property was built in 2000. This well-appointed facility offers a blend of warehouse, shop, and office space, ideal for a variety of industrial or commercial uses. The strategic location in Eddy County provides easy access to major transportation routes. This property is priced at $1,250,000.
-
Xcel Energy Electric Utility Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.