Search
Live-Work Property with Kitchen
For Sale
$179,500

508 N Dalmont St, Hobbs, NM 88240

Commercial Sale, Hobbs, NM

Property Size1,539 SF
Price / SF$116.63
Days on Market669

Property Features for 508 N Dalmont St

General Information

Property type Commercial Sale
Property subtype Other
Interior features Audio/Video Surveillance
Subdivision New Mexico Mls
Standard status Active
APN 4000063140001
Size 1,539 SF

Taxes and HOA fees

Tax Description South 40 ft of Lot 8 and the West 12.5 ft of the South 40 ft of Lot 7, Block 121, Highland Park Sub
Tax Annual Amount 596
Legal Description South 40 ft of Lot 8 and the West 12.5 ft of the South 40 ft of Lot 7, Block 121, Highland Park Sub

Utilities

Heating system Forced Air

Amenities

full Kitchen area
bathroom with a shower

Building Details

Year built 1975
Building materials Frame
Roof type Asphalt
Listing Agency: Burkett - Shaw Realty / Hobbs
Listed By: Bobby Shaw · License #19614
Added: Nov 5, 2024 Changed: Sep 2 Last Checked: Sep 5 at 1:06PM
MLS# 20246424

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,539-square-foot live-work property is configured for professional office activity alongside residential use. Interior features include a full kitchen area and a bathroom equipped with a shower, supporting occupancy for someone who operates a business from the building. Audio/video surveillance is also included.

Located at 508 N Dalmont St in Hobbs, New Mexico, the building was constructed in 1975. Frame construction, forced-air heating, and an asphalt roof complete the primary physical profile of the property.

Key Highlights

  • 1,539‑square‑foot live‑work property
  • Full kitchen area for combined business and living use
  • Bathroom includes a shower

Property Analytics

Current Use

Hobbs Habitat For Humanity Association Or Organization

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Kitchen & Bath Showroom Law Firm 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.

Location Intelligence

Trade Area within ½ mile

886
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?
Live-work space - Full kitchen and a bathroom with shower support combined business and living use.
Where is this live-work space located?
The property is located at 508 N Dalmont St Hobbs, NM.
What is the asking price?
The asking price for this property is $179,500.
What are key features of this property?
This property features: 1,539‑square‑foot live‑work property; Full kitchen area for combined business and living use; Bathroom includes a shower
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