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Commercial Storefront

523 W Sanger St, Hobbs, NM 88240

For Sale
$379,000

A 4,000-square-foot storefront building offers commercial space in Hobbs.

Property Size4,000 SF
Price / SF$94.75
Days on Market252

Property Features for 523 W Sanger St

General Information

Standard status Active
Size 4,000 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,577

Amenities

Overhead Door(s)
Audio/Video Surveillance

Building Details

Building Size 4,000 SF
Year Built 1965
Listing Agency: Rivas Real Estate Team Co.
Listed By: Leeroy Rivas · License #2072
Source: Bigcountryrealty
Added: Mar 3 Changed: Nov 7 Last Checked: Nov 8 at 6:36PM

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 Rivas Real Estate Team Co.

Rey
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Investment Insights

Based on property information with market context.

This storefront property contains 4,000 square feet of commercial space. Built in 1965, the building is located at 523 W Sanger St in Hobbs, New Mexico.

Key Highlights

  • 4,000 square feet of storefront space
  • Built in 1965
  • Located at 523 W Sanger St in Hobbs, NM

Property Analytics

Current Use

Awesome Graphics LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Furniture & Home Goods Storage Facility Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Pet Grooming Service

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

580
Businesses Nearby
141k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 53% Apparel 25% Shops & Services 20% Electronics 1%
Wendy's Dining
28,177 visits/mo 0.3 miles
McDonald's Dining
23,724 visits/mo 0.5 miles
Bealls Apparel
19,569 visits/mo 0.2 miles
JCPenney Apparel
15,777 visits/mo 0.3 miles
Wienerschnitzel Dining
12,132 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

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

Similar Off Market Nearby

  • Maria's Flowers — 109 W Broadway St, Hobbs, NM 88240
  • Erika'sFlowers & Gifts — 911 N Turner St, Hobbs, NM 88240

Frequently Asked Questions

What type of property is this?
Storefront property - A 4,000-square-foot storefront building offers commercial space in Hobbs.
Where is this storefront property located?
The property is located at 523 W Sanger St Hobbs, NM.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 4,000 square feet of storefront space; Built in 1965; Located at 523 W Sanger St in Hobbs, NM
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