Search
Office Building with Conference Room
For Lease
$5,500/Mo

502 W Alto Drive, Hobbs, NM 88240

Move-in ready office layout with multiple private offices, a large conference room, and ample on-site parking.

Days on Market493

Property Features for 502 W Alto Drive

General Information

Standard status Active
Lease Type /mo

Space & Availability

Space Use Office
Condition Move-in Ready
Private Offices 4
Meeting Rooms 1

Building Details

Year Built 2001
Listing Agency: Robinson & Associates Real Estate
Listed By: Cindy Shoobridge · License #46983
Source: Wendymiletarealtor
Added: Mar 29, 2025 Changed: Jul 30 Last Checked: Aug 2 at 1:13PM

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 office building is currently set up as a law office and offers a functional arrangement for an office user that needs private rooms and collaboration space. The interior includes four offices/reception area, a meeting/conference room, a copy room/file room, and a break room/kitchen area. There are two bathrooms, and the garage is used as storage. Built in 2001, the space is presented as move-in ready.

The property is located at 502 W Alto Drive in Hobbs, NM 88240 and is offered for sale or lease, with the owner considering leasing. It also includes ample parking to support client and employee access.

The layout is described as exceptional for office uses including medical, executive, or traditional office operations, making it well suited for an owner-user or an investor seeking an easy-to-occupy office configuration.

Key Highlights

  • Currently configured as a law office with four offices/reception area
  • Large meeting/conference room for client meetings and internal sessions
  • Includes copy room/file room plus break room/kitchen area

Property Analytics

Current Use

Zebas Law Firm, ... Law Firm

Suggested Use

Top Pick Real Estate Agency Dental Office Storage Facility Gym & Fitness Center Kitchen & Bath Showroom Big Box & Wholesale Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

535
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Move-in ready office layout with multiple private offices, a large conference room, and ample on-site parking.
Where is this office units located?
The property is located at 502 W Alto Drive Hobbs, NM.
What is the lease rate?
The lease rate is $5,500 /Mo.
What are key features of this property?
This property features: Currently configured as a law office with four offices/reception area; Large meeting/conference room for client meetings and internal sessions; Includes copy room/file room plus break room/kitchen area
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message