Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight