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Property profile & analytics
OFF-MARKET
Commercial real estate

929 Canal St Carlsbad, NM 88220

Built 1925
Property ID
US61-0519035
Property summary
AI-generated overview

This exceptional commercial property, located at 929 N Canal Street in Carlsbad, New Mexico, presents a unique investment opportunity. The property, built in 1925, sits on a substantial 9,000 square foot lot and offers a versatile blend of land and building space, ideal for a variety of commercial uses. The existing building boasts approximately 1600 square feet of usable space, perfectly suited for retail or office operations. The interior layout includes six individual office spaces, providing ample room for a growing business or multiple tenants. Convenience is enhanced by the inclusion of two restrooms, a dedicated kitchen area, and a basement offering valuable additional storage space. A privacy counter in the front lobby area adds a professional touch. The property's high visibility location on North Canal Street ensures excellent exposure to potential customers and clients. Priced at $325,000, this turnkey property represents a compelling investment in a thriving New Mexico community. The property's size and features make it an attractive option for entrepreneurs and investors alike, offering both immediate occupancy and significant long-term potential. Don't miss this chance to acquire a well-established commercial property in a desirable location. The property is zoned for commercial use and is ready for immediate occupancy. The address is 929 N Canal Street, Carlsbad, NM 88220.

Property profile
Verified
Property type Commercial real estate
Year built 1925
UPID US61-0519035
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
  • Carlsbad Chiropractic Alternative Medicine Practice
  • Glezz Trucking Freight Service Logistics Company
  • Keith Day Accounting Firm Tax Preparation
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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