Self-Storage Facility with
For Sale
$175,000
Pending
1202 Broadway W, Hobbs, NM 88240
Commercial Sale, Hobbs, NM
Property SizeContact for details
Lot Size0.53 Acres
Days on Market13
Property Features for 1202 Broadway W
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Pending
APN
4000133770001
Lot size
0.53 Acres
Taxes and HOA fees
Tax Description
See Exhibit A
Tax Annual Amount
1563
Legal Description
See Exhibit A
Building Details
Year built
1978
Listing Agency:
Real Broker LLC
(505) 557-4976
Listed By:
Mikal Calhoon · License #50564
(575) 390-2299
Added: Sep 14
Changed: Sep 17
Last Checked: Sep 26 at 10:06AM
MLS# 26001237
Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This self-storage property occupies 0.53 acres and includes 16 storage units, each measuring 10x22, along with a 40x40 shop. The improvements date to 1978 and provide a combination of enclosed storage capacity and dedicated shop space within one commercial asset.
The property is located at 1202 Broadway W in Hobbs, New Mexico, 88240. Its configuration brings together recurring storage space and a larger work area, offering a straightforward operating layout for the self-storage use identified for the property.
The property is located at 1202 Broadway W in Hobbs, New Mexico, 88240. Its configuration brings together recurring storage space and a larger work area, offering a straightforward operating layout for the self-storage use identified for the property.
Key Highlights
- 16 storage units, each measuring 10x22
- 40x40 shop included on the property
- 0.53‑acre commercial site
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
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Business Placement
Demographics for 88240, NM
42,386
Population
16,490
Households
2.6
Avg Household Size
31
Median Age
17%
College-Educated
76%
High-School Grad
600.2 sq mi
ZIP Area
71
Density / Sq Mi
$65,394
Median Household Income
$37,178
Median Earnings
$1,124
Median Rent
$177,200
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Self storage facility - A self-storage property combining multiple rental units with a dedicated shop on a compact commercial site.
Where is this self storage facility located?
The property is located at 1202 Broadway W Hobbs, NM.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 16 storage units, each measuring 10x22; 40x40 shop included on the property; 0.53‑acre commercial site
