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Flexible Office Building on Corner Lot
For Sale
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201 E Sanger Street, Hobbs, NM 88240

Flexible office layout with 12 rooms, multiple lobbies, and kitchen facilities on both levels for professional or medical use.

Property Size4,400 SF
Price / SF$135.23
Days on Market96

Property Features for 201 E Sanger Street

General Information

Standard status Active
Size 4,400 SF
Total Parking Spaces 12
Property subtype Mixed Use, Office

Additional Details

Office Units 12

Building Details

Year Built 1965
Listing Agency: Prime Realty
Listed By: Karla Cortez
Source: Crexi
Added: Jun 2 Changed: Aug 20 Last Checked: Sep 2 at 6:29AM

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 Prime Realty

Investment Insights

Based on property information with market context.

This for-sale office building offers approximately 4,400 square feet of flexible space designed for a range of professional uses. The interior includes a total of 12 offices or rooms, multiple lobby areas, kitchen facilities on both levels, and three bathrooms. The layout is well-suited for single-tenant operations or multi-department workflows that benefit from separate rooming and multiple entry-style spaces.

The property sits on a corner lot and is described as highly visible, which can support businesses that rely on walk-in traffic and straightforward public access. The corner positioning may also help wayfinding and tenant signage visibility from more than one approach.

With room for multiple offices, lobbies, and recurring services, the building is positioned for professional offices, medical office use, service-based businesses, or organizations that need dedicated interior space for different functions. If you are looking to establish a new operation or expand an existing one, this configuration provides the foundational room count and support amenities for day-to-day operations.

Key Highlights

  • Approximately 4,400 SF flexible office space on a highly visible corner lot
  • Layout includes 12 offices/rooms with multiple lobby areas
  • Kitchen facilities on both levels

Property Analytics

Current Use

Hair by @laurainspanish Hair Salon Younique Medical Spa Medical Clinic

Suggested Use

Top Pick Dental Office Furniture & Home Goods Storage Facility Skin Care Clinic Nail Salon Veterinary Clinic

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

Lease Details

12
Office units

Location Intelligence

Trade Area within ½ mile

673
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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office layout with 12 rooms, multiple lobbies, and kitchen facilities on both levels for professional or medical use.
Where is this office units located?
The property is located at 201 E Sanger Street Hobbs, NM.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Approximately 4,400 SF flexible office space on a highly visible corner lot; Layout includes 12 offices/rooms with multiple lobby areas; Kitchen facilities on both levels
(575) 631-5200 Call to check price and availability
More about this property
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