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SEC Derrick Rd & National Parks Highway
Carlsbad, NM 88220
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B
What's Special
SEC Derrick Rd & National Parks Highway, Carlsbad, NM 88220 <p></p><ul><li> Carlston Ranch is being developed in three phases.</li><li>Phase I includes 363.9 gross acres and 297.22 net acres, beginning at Derrick Road and running south to Aviation Way</li><li>Phase I offsite infrastructure has commenced.</li><li>Phase I includes a mix of residential, apartments, commercial, business park, office, RV resort, and industrial uses.</li><li>The master-planned community is fully platted, with approved zoning that establishes land use patterns.</li><li>Th
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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
