Current Use by Public Records
- Kodiak Gas Services LLC / Oil & Natural Gas Company
Property Details for 5215 Petroleum Dr
- Year built
- 2018
- Lot size
- 5.80 lot acres
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Carlsbad
- County
- Eddy
- State
- New Mexico
- Longitude
- -104.253
- Latitude
- 32.3533
