Property profile

2431 Pecos Hwy Carlsbad, NM 88220

OFF-MARKET
Warehouses
Property ID
US61-1276265
22,000 SF 12.73 ac lot Built 2018
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Property summary

AI-generated overview

This exceptional 22,000-square-foot industrial flex space, located at 2431 Pecos Highway in Carlsbad, New Mexico, presents a unique investment opportunity. Built in 2018, this Class B property sits on a spacious 12.73-acre lot and boasts a functional layout ideal for various industrial uses. The building features a 25-foot clear ceiling height, providing ample vertical space for operations. Access is facilitated by multiple powered roll-up doors: four 14' x 16', six 16' x 20', and three 20' x 20'. The property also includes two 15-ton cranes mounted on a crane superstructure, enhancing operational capabilities. Power is supplied by a robust 480V 3-phase service. The property is currently vacant and offers significant potential for immediate occupancy. The expansive lot includes a fenced storage yard, providing additional outdoor space. Well water rights are included in the sale. The property is located outside city limits and zoned accordingly. The asking price is $4,400,000, translating to $200 per square foot. The seller is open to considering a lease agreement, as detailed in a separate flyer. This property represents a compelling opportunity for businesses seeking a versatile and well-equipped industrial space in a desirable location.

Property profile

Verified
Property type Warehouses
Year built 2018
Total area 22,000 SF
Lot 12.73 ac (554,519 SF)
UPID US61-1276265

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office

Location

2431 Pecos Hwy Carlsbad, NM 88220
Carlsbad metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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