1110 Pierce St Carlsbad, NM 88220
This exceptional commercial property in Carlsbad, New Mexico, presents a lucrative investment opportunity. Located at 1110 & 1120 W Pierce Street, this 7,955.078 square foot lot boasts a prime corner location offering excellent visibility and accessibility. The property includes two buildings. The front building, currently leased for five years (with four years remaining), features a 3/4 bath, kitchen area, and four+ carports. Additional space includes a 1/2 bath, a separate office, and a large, versatile room. The substantial rear shop building offers three large overhead doors, two single lift doors, and 220-volt outlets, providing ample space for various commercial uses. A loft area adds extra storage. The entire property is fully fenced, enhancing security and functionality. Built in 1970, this property offers a blend of established infrastructure and significant potential for future development or expansion. The existing lease provides immediate income generation, making this a compelling investment with strong potential for long-term returns. The property's size and location in Eddy County, zip code 88220, make it ideal for a variety of commercial ventures. Don't miss this chance to acquire a high-value commercial property in a thriving New Mexico market.
-
Holey Moley Donuts Bakery Discount Store
-
Dynamic Heating & Cooling LLC Hardware & Home Improvement HVAC Service
-
Space Out Smoke (Bike/Boat/Book/etc) Store
-
Eclipse Solutions (Security Systems, Phone Repair & Starlink Installations) Security Service
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.