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Professional Office Suite
For Sale
$420,000

205 W Broadway St, Hobbs, NM 88240

Configured workplace with private offices, flexible gathering space, data cabling, and ADA-equipped restrooms.

Property Size3,503 SF
Price / SF$119.90
Days on Market281

Property Features for 205 W Broadway St

General Information

Standard status Active
Size 3,503 SF

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $4,945

Amenities

reception area
nine dedicated offices
four additional rooms
flex space with kitchenette
two ADA equipped bathrooms
centralized data cabinet with CAT-5 data cable
Listing Agency: Robinson & Associates Real Estate
Listed By: Robbie Robinson · License #18732
Source: Exprealty
Added: Nov 14, 2025 Changed: Aug 20 Last Checked: Aug 21 at 9:14AM

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 Robinson & Associates Real Estate

Investment Insights

Based on property information with market context.

This 3,503-square-foot office suite at 205 W Broadway St includes nine dedicated offices with varying layouts, along with four additional rooms suited to file storage or copier functions. A reception area is positioned behind a large glass wall and door, and a flexible gathering area includes a kitchenette.

The suite is equipped with a centralized data cabinet and CAT-5 cabling throughout the building. Two ADA-equipped bathrooms serve the premises. The property is located on Broadway in Hobbs, with Hobbs City Hall Complex a few blocks away and Casey's Restaurant next door within the Down Town Mini-Mall.

Key Highlights

  • 3,503‑square‑foot office suite at 205 W Broadway St
  • Nine dedicated offices with varying layouts
  • Four additional rooms for file storage or copier space

Property Analytics

Current Use

Lin-Mar Inc Home Health Care Service

Suggested Use

Top Pick Real Estate Agency Dental Office Kitchen & Bath Showroom Law Firm Nail Salon Storage Facility

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

848
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 - Configured workplace with private offices, flexible gathering space, data cabling, and ADA-equipped restrooms.
Where is this office units located?
The property is located at 205 W Broadway St Hobbs, NM.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 3,503‑square‑foot office suite at 205 W Broadway St; Nine dedicated offices with varying layouts; Four additional rooms for file storage or copier space
More about this property
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