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Property profile & analytics
OFF-MARKET
Distribution centers

1609 Greene St Carlsbad, NM 88220

6.8 ac lot Built 1980
Property ID
US61-0422774
Property summary
AI-generated overview

Exceptional investment opportunity in Carlsbad, New Mexico! This 6.8-acre commercial property, built in 1980, boasts a prime location on E Greene Street, approximately three miles from the Hobbs highway, ensuring high visibility. The property features a spacious warehouse with three front overhead doors and two rear doors for convenient access, ample parking, and a fenced yard. Inside, you'll find a functional front office area, a conference/break room, and a bathroom. The warehouse itself offers substantial storage space ideal for inventory management. Further enhancing its utility are a 42,000-gallon fresh water holding tank, a cement silo, and a dedicated truck wash area. This well-maintained property is ready for immediate occupancy and presents a multitude of commercial possibilities. The asking price is $680,000. The property is zoned for commercial and warehouse use and is located in Eddy County, New Mexico, zip code 88220. Its strategic location and extensive features make this a truly remarkable commercial real estate offering. Schedule a viewing today to explore the full potential of this exceptional property.

Property profile
Verified
Property type Distribution centers
Year built 1980
Lot 6.8 ac (296,208 SF)
UPID US61-0422774
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
  • Key Energy Services Trucking 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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