Property profile

1606 Airway Dr Carlsbad, NM 88220

OFF-MARKET
Industrial properties
6,400 SF 1.79 ac lot Built 2014
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Property summary

AI-generated overview

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

Verified
Property type Industrial properties
Year built 2014
Total area 6,400 SF
Lot 1.79 ac (77,972 SF)

Cap rate & NOI

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

Location

1606 Airway Dr Carlsbad, NM 88220
Carlsbad metro
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Value estimations

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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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