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Property profile & analytics
OFF-MARKET
Commercial real estate

3006 Canal St Carlsbad, NM 88220

2.07 ac lot Built 1980
Entity Owned 7-yr Hold
Property ID
US61-0440444
Property summary
AI-generated overview

This exceptional 2.07-acre commercial land parcel presents a rare opportunity for development in Carlsbad, New Mexico. Ideally situated at the high-traffic intersection of Highways 62/180 and Highway 285, this property boasts an impressive 450 feet of frontage, ensuring maximum visibility and accessibility. Zoned C2, the site is ready for a variety of commercial ventures. Existing infrastructure includes on-site power, simplifying the development process. The location offers excellent access and proximity to established retailers, including Walmart and Tractor Supply, creating a vibrant and thriving commercial environment. This property is a blank canvas for entrepreneurs seeking a strategic location with significant potential for growth and return on investment. The property was built in 1980. Please note that a trailer currently on the site will be removed prior to closing. This is a truly unique opportunity to acquire a highly desirable commercial property in a rapidly developing area. Don't miss out on this chance to secure your place in Carlsbad's thriving commercial landscape.

Property profile
Verified
Property type Commercial real estate
Year built 1980
Lot 2.07 ac (90,169 SF)
UPID US61-0440444
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jenkins Furniture Company INC · 7 yrs held
Jenkins Furniture Company INC
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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