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Mixed-Use Property with Kitchen
For Sale
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508 N Dalmont Street, Hobbs, NM 88240

Mixed-use property suitable for office and residential use.

Property SizeContact for details
Days on Market643

Property Features for 508 N Dalmont Street

General Information

Standard status Active
Property subtype Mixed Use, Office, Retail

Building Details

Year Built 1975
Listing Agency: Burkett - Shaw Realty / Hobbs
Listed By: Bobby Shaw
Source: Crexi
Added: Nov 6, 2024 Changed: Aug 8 Last Checked: Aug 11 at 1:17PM

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 Burkett - Shaw Realty / Hobbs

Investment Insights

Based on property information with market context.

This mixed-use property offers a unique building layout that could accommodate both business operations and residential living. The building includes a full kitchen area and a bathroom with a shower. The property is located in a suitable location for a professional office.

Key Highlights

  • Great location for a professional office.
  • Unique building design.
  • Full kitchen area.

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
58k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Apparel 33% Shops & Services 9% Home Improvements & Furnishings 2%
Wendy's Dining
28,177 visits/mo 0.4 miles
Bealls Apparel
19,569 visits/mo 0.5 miles
Allsups Shops & Services
5,294 visits/mo 0.5 miles
Church's Chicken Dining
4,037 visits/mo 0.5 miles
Buddy's Home Furnishings Home Improvements & Furnishings
721 visits/mo 0.2 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

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property suitable for office and residential use.
Where is this mixed-use property located?
The property is located at 508 N Dalmont Street 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: Great location for a professional office.; Unique building design.; Full kitchen area.
(575) 392-2023 Call to check price and availability
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