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Property profile & analytics
OFF-MARKET
Warehouses

6195 Old Cavern Hwy Carlsbad, NM 88220

7.35 ac lot Built 2019
Property ID
Property summary
AI-generated overview

This exceptional 7.351-acre industrial property in Carlsbad, New Mexico, presents a significant investment opportunity. The 2019-built warehouse boasts 20,000 square feet of space, complemented by approximately 333 square feet of office area, a restroom, and a janitorial closet. The warehouse features impressive 32-foot sidewalls and four 20' x 25' overhead doors with concrete aprons on both the east and west ends. Modern amenities include LED lighting and three-phase power. The expansive yard is secured by a six-foot fence and offers convenient access via north and south gated entrances. Additional improvements include a 2,100-square-foot paint booth equipped with power and LED lighting, and two swinging doors. A 1,225-square-foot covered dry storage area and an 1,800-square-foot insulated quonset building with a restroom, concrete approach, and slab are also situated on the property. The quonset building also features power and LED lighting. All ten-ton cranes are included in the sale. The property is located at 6195 Old Cavern Highway, Carlsbad, NM 88220, in Eddy County. This property is zoned for commercial, warehouse, and manufacturing uses. The asking price is $1,550,000.

Property profile
Verified
Property type Warehouses
Year built 2019
Lot 7.35 ac (320,210 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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