3604 Ruby Court

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3604 Ruby Court

Carlsbad, NM 88220
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel covers 0.19 acres of commercial land.
  • Located at 3604 Ruby Court in Carlsbad.
  • Site sits within the active Permian Basin region.
  • Property supports various commercial development use cases.
  • Geographic coordinates are 32.4062, -104.2652.

What's Special

Spanning 0.19 acres, this commercial land parcel occupies a strategic position at 3604 Ruby Court in Carlsbad, New Mexico. The site serves as a versatile foundation for development within a region recognized for its active energy industry and steady economic base. Carlsbad continues to benefit from its proximity to major Permian Basin operations, making this an accessible location for various business-related land use cases. Developers and investors may consider the utility of this plot for professional services, administrative support facilities, or other commercial enterprises requiring a presence in the local market. The surrounding area offers functional infrastructure conducive to regional commercial growth and long-term site stability. Prospective buyers should conduct their due diligence regarding specific municipal zoning requirements to align development plans with current area standards. This compact lot presents a practical acquisition for those seeking to establish or expand operations within this established southeastern New Mexico hub.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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