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804 S Halagueno St
Carlsbad, NM 88220
Long-Term Government-Lease Investment · Office Property For Sale


Investment Highlights
- New construction, build-to-suit facility
- New Mexico Government tenant
- 10-year initial lease with renewal options through 2046
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
3,165 SF
Building Class
B
Year Built
2025
Price
$1,695,000
Price Per SF
$535.55
Cap Rate
6.94%
NOI
$117,635
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
3,165 SF
Building FAR
0.18
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial 2 District
Property Taxes
| Parcel Number | 4-157-128-224-082 | Improvements Assessment | $0 |
| Land Assessment | $4,794 | Total Assessment | $4,794 |
Property Taxes
Parcel Number
4-157-128-224-082
Land Assessment
$4,794
Improvements Assessment
$0
Total Assessment
$4,794
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