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Property profile & analytics
OFF-MARKET
Commercial real estate

129 Kircher St Carlsbad, NM 88220

4,933 SF Built 1950
Property ID
US61-0401684
Property summary
AI-generated overview

This exceptional special-purpose property, located at 129 Kircher Street in Carlsbad, New Mexico, presents a unique investment opportunity. Boasting a substantial 4,933 square feet of space on a generous 16,552.8 square foot lot, this 1950-built structure offers immense versatility. The property's expansive size allows for a wide range of potential uses, from religious congregations to daycare facilities or even event venues. The building features a fully equipped commercial kitchen, complete with triple sinks, making it ideal for food-related businesses. Comfort is ensured with three recently installed heating units, providing efficient climate control. Two bathrooms are conveniently located within the building. The second floor provides ample storage space or the potential for additional development. Priced competitively at $275,000, this property in Eddy County, zip code 88220, represents a significant value proposition for discerning investors seeking a large-scale space with adaptable functionality. Its location in Carlsbad, NM offers access to a growing community and diverse market. This is a truly remarkable opportunity to acquire a unique and versatile property with significant upside potential.

Property profile
Verified
Property type Commercial real estate
Year built 1950
Total area 4,933 SF
UPID US61-0401684
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
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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