607 N 9th Street

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607 N 9th Street

Carlsbad, NM 88220
Asking Price
$159K
Asset Type
Mixed-use
Class
Class B

AI Property Summary

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

  • Mixed-use property encompassing 1,946 square feet of space.
  • Located within the Carlsbad, New Mexico market area.
  • Available for purchase at an asking price of $159,000.
  • Versatile layout suitable for commercial or residential occupancy.
  • Situated in a region supported by active energy industries.

What's Special

This mixed-use property provides 1,946 square feet of space situated at 607 N 9th Street in Carlsbad, New Mexico. The building is currently available for sale, offering flexibility for various commercial or residential configurations. Located in the heart of the Permian Basin, Carlsbad maintains a robust economy driven primarily by the energy and mining sectors, alongside steady tourism fueled by nearby national parks. Given the local market dynamics, this asset is well-suited for an investor or business owner looking to establish a footprint in a region defined by its industrial activity and steady demand for functional space. The structure accommodates potential conversion into a storefront, office, or residential units, providing versatility for those navigating the local Carlsbad real estate landscape.

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NOI
$80,000
Cap Rate
50.31%
DSCR
8.47
Strong
Cash-on-Cash
147.93%
Monthly Payment
$786.645
Annual Cash Flow
$70,560.257

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