1606 Airway Dr Carlsbad, NM 88220
This exceptional industrial property, situated at 1606 Airway Drive in Carlsbad, New Mexico, presents a compelling investment opportunity. The property encompasses a substantial 6,400 square feet of space, strategically positioned within the city's thriving industrial park. The building features a generously sized 4,800 square foot shop area, perfectly suited for a variety of industrial uses. This area boasts three large bay doors, providing convenient access for loading and unloading, and includes a dedicated wash-out area for efficient cleaning and maintenance. In addition to the shop space, the property includes a well-appointed office area, offering a comfortable and functional workspace for administrative tasks and management. The expansive 1.79-acre lot provides ample room for expansion, storage, or future development, offering significant potential for growth and adaptation to evolving business needs. The property's location within the industrial park ensures easy access to major transportation routes, utilities, and other essential services, making it an ideal location for businesses seeking a strategic and efficient operational base. This property is priced at $850,000 and represents a rare opportunity to acquire a well-equipped and strategically located industrial property in a growing market. The combination of size, features, and location makes this an exceptional investment prospect.
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
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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.