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    Hobbs, NM Flex Space for Sale

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    Monument, NM Seminole, TX Lovington, NM
    Commercial Property on Grimes Street
    $250,000
    4,000 SF
    Commercial Property on Grimes Street

    821 S Grimes Street, Hobbs, NM 88240

    Commercial property with 12 freight bays and expansion potential.
    • Twelve freight bays with overhead doors provide ample loading/unloading capacity
    • Located on Grimes with excellent visibility and accessibility
    • 0.87‑acre lot offers room for expansion or storage
    • Plumbing installed for a bathroom
    • Separate entrance for deliveries and office access enhances operational efficiency
    Updated: Jul 27, 2024
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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Hobbs, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    New Commercial Warehouse/Shop on Acres
    $1,180,000
    7,500 SF
    New Commercial Warehouse/Shop on Acres

    New construction warehouse/shop with office space and ample yard.

    3411 NE 1910, Andrews, TX 79714

    View details
    Highway Frontage Commercial Building
    $940,000
    6,450 SF
    Highway Frontage Commercial Building

    Newer commercial building with customizable space and shop on 2.5 acres.

    650 Us Highway 385 N, Seminole, TX 79360

    View details
    Andrews Commercial Flex/Industrial Property
    $295,000
    6,952 SF
    Andrews Commercial Flex/Industrial Property

    Flex/industrial property in Andrews, TX, totaling 6,952 square feet.

    500 Andrews St, Andrews, TX 79714

    View details
    Large Commercial Building with Office
    $625,000
    7,800 SF
    Large Commercial Building with Office

    Commercial building with office, shop, and acreage for sale.

    109 County Rd 309, Seminole, TX 79360

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Industrial Land in Clovis, NM
    $40,000
    0.63 Acres
    Industrial Land in Clovis, NM

    Vacant industrial-zoned lot in a growing district, build-to-suit opportunity.

    321 Industrial Park Road, Clovis, NM 88101

    View details
    El Paso Industrial Land Opportunity
    $209,228
    0.50 Acres
    El Paso Industrial Land Opportunity

    Half-acre industrial lot in established Continental Industrial Park.

    Yermoland Drive, El Paso, TX 79907

    View details
    Prime Development Tract in Childress
    $705,000
    94.00 Acres
    Prime Development Tract in Childress

    94-acre development tract in Childress, TX with multiple possibilities.

    TBD Country Club Drive, Childress, TX 79201

    View details
    Unrestricted Highway-Access Development Land
    $360,000
    1.54 Acres
    Unrestricted Highway-Access Development Land

    Unrestricted tract with direct State Highway 16 access and water availability, positioned for flexible commercial or industrial development.

    2410 State Highway 16 S, Graham, TX 76450

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    Off-Market Properties in Hobbs, NM

    Consider similar Off-Market properties in Hobbs, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2815 Lovington Hwy
    Distribution properties
    18,000 SF Lot: 6.00 Acres
    Value Estimation by Request

    2815 Lovington Hwy, Hobbs, NM 88240

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    901 Cecil St
    Flex space
    11,400 SF Lot: 7.00 Acres
    Value Estimation by Request

    901 Cecil St, Hobbs, NM 88240

    View details
    2608 Scenic Dr
    Distribution properties
    Value Estimation by Request

    2608 Scenic Dr, Hobbs, NM 88240

    View details
    3215 Enterprise Dr
    Flex space
    42,850 SF Lot: 15.00 Acres
    Value Estimation by Request

    3215 Enterprise Dr, Hobbs, NM 88240

    View details

    Hobbs, NM Flex Space Investment Opportunities Market Analysis

    Explore 5 flex space for sale in Hobbs, NM on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $250,000.

    Sale prices for business spaces in Hobbs, NM start at $250,000, averaging $250,000, and reaching up to $250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Warehouses 2
    Flex space 1

    Demographics Overview

    Population 50K
    Population Growth (5Y) +4.5%
    Median Household Income $69,020
    College Educated 12.0%

    High-Yield Neighborhoods for Investment

    Identify Hobbs submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    88240 $250K

    Taxes & Financing

    Tax Rate (average for all types) 2.68%
    Property Tax per SF $10.31 per sq ft
    Tax Rate vs County Average 0.11 pp below county avg
    Average Loan-to-Value 65.0%

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