3212 Canal St Carlsbad, NM 88220
This exceptional 3.59-acre commercial property, located at 3212 S Canal Street in Carlsbad, New Mexico, presents a significant investment opportunity. Priced at $250,000, the property boasts a versatile layout ideal for various commercial uses. The site includes a substantial shop featuring overhead bay doors, providing convenient access for loading and unloading. A Conex container, modified to include offices and a bathroom, offers immediate workspace. Additionally, a warehouse with a loading dock provides ample storage space. The property is fully enclosed by perimeter fencing, enhanced by a security light for added safety and security. Zoned to allow for one housing unit, this adds further flexibility and potential for future development. Its strategic location off Highway 285 ensures excellent visibility and accessibility, making it an attractive proposition for businesses seeking a well-equipped and conveniently situated commercial space in Eddy County, New Mexico, zip code 88220. The property's size and existing structures offer immediate usability, while the zoning allows for expansion and adaptation to meet evolving business needs. This is a rare opportunity to acquire a well-positioned commercial property with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.