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400 W Apache, Hobbs, NM 88240

Versatile commercial property with office and shop/storage building.

Property Size1,900 SF
Lot Size4.00 Acres
Price / SF$3.84
Days on Market132

Property Features for 400 W Apache

General Information

Standard status Active
Size 1,900 SF
Lot size 4.00 Acres
Listing Agency: Core Realty Group
Listed By: Kali Brown · License #20308
Source: Homesteaders-realty
Added: May 14 Changed: Sep 17 Last Checked: Sep 21 at 6:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Core Realty Group

Investment Insights

Based on property information with market context.

This versatile property, suitable for industrial, commercial, or operational use, is situated on approximately 4 fully fenced acres secured with durable R-panel fencing and an automatic gated entrance. The office building includes a reception area and two offices, totaling approximately 700 square feet, providing a professional workspace. A separate shop/storage building offers approximately 1,200 square feet of space for equipment storage, workshop activities, or other business operations. Ample yard space is available for vehicle parking, outdoor storage, or potential expansion.

Key Highlights

  • Approximately 4 fully fenced acres with automatic gated entrance.
  • Versatile property suitable for industrial, commercial, or operational use.
  • Office building with reception area and two spacious offices (approximately 700 SF).

Property Analytics

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Current Use

Reno Equipment (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Restaurant Law Firm Big Box & Wholesale Store Kitchen & Bath Showroom Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

372
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Versatile commercial property with office and shop/storage building.
Where is this mixed-use property located?
The property is located at 400 W Apache Hobbs, NM.
What are key features of this property?
This property features: Approximately 4 fully fenced acres with automatic gated entrance.; Versatile property suitable for industrial, commercial, or operational use.; Office building with reception area and **two spacious offices (approximately 700 SF)**.
More about this property
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