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    931 E Bender Blvd Hobbs, NM 88240

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    For Lease
    $7 SF/Yr ($17,500 /Mo)

    28,000 SF available in established Hobbs shopping center.

    Property size:
    28,000 SF
    Lot size:
    8.68 Acres

    Property Features for 931 E Bender Blvd

    General Information

    Size
    28,000 SF
    Lot size
    8.68 Acres

    Source: Allen Sigmon Real Estate Group Agent Sergio Castillo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Bel Aire Center

    Approximately 28,000 square feet of retail space is available for lease at $7.50 per square foot, plus $1.65 per square foot NNN. The space is located within the Bel Aire Shopping Center, which encompasses approximately 74,146 square feet on a 6.29-acre site. The property benefits from ample parking and C-2 zoning. The shopping center features a mix of national and regional tenants. It offers prime visibility and accessibility near North Dal Paso Street, positioning it within a major retail hub for southeastern New Mexico.
    Location Intelligence

    Current Use by Public Records

    KING’Z BARBERSHOP Barber Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    North Vista Plaza, E & w Plaza, Bel Aire Shopping Center, Coin Cloud Bitcoin ATM, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Hobbs
    County
    Lea
    State
    New Mexico
    Longitude
    -103.12526
    Latitude
    32.7246299

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    FAQs

    What type of property is this?
    Shopping center - 28,000 SF available in established Hobbs shopping center.
    Where is this shopping center located?
    The property is located at 931 E Bender Blvd Hobbs, NM.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: - Prime visibility and accessibility near North Dal Paso Street; - Located within the Bel Aire Shopping Center; - Strong national and regional tenant mix
    (505) 469-2927
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    931 E Bender Blvd Hobbs, NM 88240
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    931 E Bender Blvd Hobbs, NM 88240
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