Property profile

3221 National Park Hwy Hwy Carlsbad, NM 88220

OFF-MARKET
Warehouses
2.02 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Warehouses
Lot 2.02 ac (87,991 SF)

Cap rate & NOI

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

Location

3221 National Park Hwy Hwy Carlsbad, NM 88220
Carlsbad metro
Google Maps

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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