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    1430 Bender Blvd Hobbs, NM 88240

    For Sale
    $1,650,000

    Prime Lea County industrial property; ideal for oilfield or trucking.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial and warehouse property, located at 1430 W Bender Boulevard in Hobbs, New Mexico, presents a unique investment opportunity. The property encompasses 4.35 acres of land and features a substantial 6,940 square foot main building constructed in 2007. The main building includes a welcoming front reception area, complete with a bathroom and four private offices, providing ample space for administrative functions. In 2017, a significant addition was made to the property: a 2,500 square foot metal building, expanding the overall usable space and offering versatile storage or operational capabilities. Further enhancing storage capacity is a 288 square foot mezzanine level, perfect for archiving or specialized inventory. This property's strategic location in Lea County, New Mexico, makes it exceptionally well-suited for businesses in the oilfield or trucking industries, offering easy access to major transportation routes and a thriving commercial environment. The asking price for this turnkey operation is $1,650,000. This is a rare opportunity to acquire a well-maintained, expansive industrial property in a high-demand location. Don't miss out on this chance to establish or expand your business in a prime New Mexico location. The property's zip code is 88240.

    Property Features for 1430 Bender Blvd

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built
    2007

    HighLights

    • $1,650,000 asking price.
    • 6,940 SF commercial/industrial building on 4.35 acres in Hobbs, NM.
    • Built in 2007 with a 2,500 SF metal building addition in 2017.
    • Features a front reception area, four offices, and a bathroom.
    • Includes 288 SF of mezzanine storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    King Driving Academy Driving School King Logistic Oil ... Oilfield

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hobbs
    County
    Lea
    State
    New Mexico
    Longitude
    -103.1536834
    Latitude
    32.7263607

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    FAQs

    What type of property is this?
    Distribution property - Prime Lea County industrial property; ideal for oilfield or trucking.
    Where is this distribution property located?
    The property is located at 1430 Bender Blvd Hobbs, NM.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: $1,650,000 asking price.; 6,940 SF commercial/industrial building on 4.35 acres in Hobbs, NM.; Built in 2007 with a 2,500 SF metal building addition in 2017.
    Request Owner's contact information
    1430 Bender Blvd Hobbs, NM 88240
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1430 Bender Blvd Hobbs, NM 88240
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