5215 Petroleum Dr Carlsbad, NM 88220
This exceptional Carlsbad, NM industrial property presents a unique investment opportunity. The property encompasses two buildings totaling 17,500 square feet on a 5.8-acre lot. The main building, constructed in 2018 and renovated in 2020, boasts 10,000 square feet, split evenly between premium office space and a high-bay warehouse. The warehouse features a 23-foot ceiling height, a 10-ton crane, and five drive-through bays each equipped with a 16-foot overhead door. A second building adds another 7,500 square feet, including approximately 4,000 square feet of warehouse space, approximately 3,500 square feet of office space, and a 2,000 square foot canopy. Four existing man-camp trailers provide additional office space. The site is fully fenced and secured with two automatic gates and ample paved parking, including some covered areas. This owner-user opportunity is priced at $3,900,000, representing a price per square foot of $222.86. Located at 5215 Petroleum Dr, Carlsbad, NM 88220, this property offers a strategic location and versatile infrastructure ideal for a growing business. The property is vacant and available for immediate occupancy under a NNN lease.
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Kodiak Gas Services LLC Oil & Natural Gas Company
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.