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Property profile & analytics
OFF-MARKET
Commercial real estate

1110 Pierce St Carlsbad, NM 88220

Built 1970
Property ID
US61-0383341
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1970
UPID US61-0383341
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
  • 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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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