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Auto Shop with Heated Spray Booth
New
For Sale
$725,000

409 W Marland W, Hobbs, NM 88240

Three metal buildings provide bay, office, and automotive finishing space within a gated property.

Property SizeContact for details
Days on Market4

Property Features for 409 W Marland W

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1959
Listing Agency: United Realty, LLC - Hobbs
Listed By: Haley Kinney · License #3088
Source: Rivasrealestatenm
Added: Oct 4 Last Checked: Oct 5 at 3:48PM

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 United Realty, LLC - Hobbs

Investment Insights

Based on property information with market context.

This auto shop property at 409 W Marland W in Hobbs comprises three metal buildings with bay doors and dedicated office space. Each bay has a heater, and the property includes a downdraft heated spray booth. The site spans 14 lots and is gated. Built in 1959, the property previously operated as a body shop.

Key Highlights

  • Three metal buildings with bay doors and dedicated office space
  • Heaters installed in all bays
  • Downdraft heated spray booth

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Furniture & Home Goods Nail Salon Skin Care 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.

Location Intelligence

Trade Area within ½ mile

686
Businesses Nearby
48k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Dining 49%
McDonald's Dining
23,679 visits/mo 0.3 miles
Phillips 66 Shops & Services
9,290 visits/mo 0.3 miles
Family Dollar Shops & Services
5,987 visits/mo 0.1 miles
Stripes Shops & Services
4,818 visits/mo 0.3 miles
Allsups Shops & Services
3,698 visits/mo 0.3 miles

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
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

  • Herrera's Tires — 525 W Skelly St, Hobbs, NM 88240
  • J&S Ramirez Paint And Body Shop — 821 S Grimes St, Hobbs, NM 88240
  • Remsa USA, Inc. — 108 W Main St, Hobbs, NM 88240
  • Hobbs Auto Glass Shop — 105 E Main St, Hobbs, NM 88240
  • American Transmissions — 815 S Turner St, Hobbs, NM 88240

Frequently Asked Questions

What type of property is this?
Auto shop - Three metal buildings provide bay, office, and automotive finishing space within a gated property.
Where is this auto shop located?
The property is located at 409 W Marland W Hobbs, NM.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Three metal buildings with bay doors and dedicated office space; Heaters installed in all bays; Downdraft heated spray booth
More about this property
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