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Property profile & analytics
OFF-MARKET
Warehouses

5215 Petroleum Dr Carlsbad, NM 88220

17,500 SF 5.8 ac lot Built 2018
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Year built 2018
Total area 17,500 SF
Lot 5.8 ac (252,648 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
Current use
Occupant on record · Public records
  • Kodiak Gas Services LLC Oil & Natural Gas Company
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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