1606 Airway Dr Carlsbad, NM 88220
This exceptional commercial property, located at 1606 Airway Drive in Carlsbad, New Mexico, presents a unique investment opportunity. Situated within the city's Industrial Park Area, this 1.79-acre lot boasts a substantial 4800 square foot warehouse building, ideal for a variety of commercial uses. Constructed in 2014, the building features three bay doors, providing convenient access for loading and unloading, along with a dedicated wash-out area and incorporated office space. The property's ample lot size offers significant expansion potential or room for additional structures. The address is 1606 Airway Drive, Carlsbad, NM 88220, within Eddy County. The asking price for this turnkey industrial property is $850,000. This property is zoned for commercial and industrial use. The property's location within the Industrial Park Area offers easy access to major transportation routes and other commercial businesses. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving New Mexico market. The property's combination of size, features, and location makes it an attractive investment for both established businesses and new ventures.
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.