Property profile

5203 Buena Vista Dr Carlsbad, NM 88220

OFF-MARKET
Office Spaces
10,445 SF 5.56 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 10,445-square-foot office building, situated on a spacious 5.56-acre lot in Carlsbad, New Mexico, presents a compelling investment or owner-user opportunity. Originally constructed as a build-to-suit for the U.S. General Services Administration Border Patrol, the property boasts a Class B designation and features a blend of creative and traditional office spaces. The single-tenant building, built in 2004 with a lease expiring July 31, 2024, is constructed of durable Concrete Masonry Unit and Stucco. The asking price is $2,450,000, translating to $234.56 per square foot. The property includes a large, paved, fenced, and gated parking lot, offering significant potential for expansion or further development. The expansive lot provides ample space for future growth. This unique property offers multi-tenant suite options ranging from 250 to 10,455 square feet, making it suitable for a variety of uses. The property's location at 5203 Buena Vista Drive, Carlsbad, NM 88220, offers convenient access to key amenities and infrastructure. The Eddy County location provides a strategic advantage for businesses operating in the region. This is a rare opportunity to acquire a substantial commercial property with significant upside potential.

Property profile

Verified
Property type Office Spaces
Total area 10,445 SF
Lot 5.56 ac (242,194 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Sustainability Organization
  • Park
  • State Government Office
  • Federal Government Office

Location

5203 Buena Vista Dr Carlsbad, NM 88220
Carlsbad metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5203 Buena Vista Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message