611 Canal St Carlsbad, NM 88220
This exceptional commercial property at 611 N Canal Street in Carlsbad, New Mexico, offers a unique blend of office space and expansive land. The single-tenant building boasts 5,100 square feet of well-appointed interior, ideal for a variety of businesses. The layout includes a welcoming reception area, ten private offices providing ample individual workspaces, two large conference rooms perfect for meetings and presentations, three restrooms for convenience, and a functional kitchen area. High visibility from North Canal Street is ensured, enhanced by the availability of a monument sign. Parking is exceptionally generous, encompassing two lots, each measuring 50 feet by 150 feet, providing abundant space for employees and clients. The property sits on a substantial 28,000 square foot lot (APN: 4157127251063), offering significant potential for future expansion or development. The monthly rent is $6,000. Tenant responsibilities include pro-rated property taxes, phone/internet, electricity, and liability insurance (naming the landlord as an additional insured). Landlord covers city water/sewer/garbage and building property insurance. This centrally located property presents a compelling opportunity for businesses seeking a prominent and functional space in Carlsbad.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.