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Flex Space with Metal Shop
For Sale
$410,000

901 E Katy Lane, Hobbs, NM 88240

Industrial property includes heated and air-conditioned offices, shop support space, and accessory storage structures.

Property SizeContact for details
Lot Size1.80 Acres
Days on Market141

Property Features for 901 E Katy Lane

General Information

Standard status Active
Lot size 1.80 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $3,280

Amenities

bathroom
office spaces
storage buildings
carport
water well
septic

Building Details

Year Built 1989
Buildings 3
Construction metal
Listing Agency: United Realty, LLC - Carlsbad
Listed By: Jeremiah Norris
Source: Wendymiletarealtor
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 30 at 5:36PM

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 United Realty, LLC - Carlsbad

Investment Insights

Based on property information with market context.

Located at 901 E Katy Lane in Hobbs, this flex property occupies 1.8 acres and includes a 3,200-square-foot all-metal shop built in 1989. The main building has a 16 x 12 front overhead door, two rear doors, a center hoist, gas heat, and an exhaust fan.

Office improvements include two 14 x 14 rooms with heat and air conditioning, along with a separate shop office fitted with cabinets and a sink. The property also provides one bathroom, a water well, septic service, two metal storage buildings, and a covered rear carport area. Its combination of shop, office, storage, and site improvements supports industrial and oilfield-related operations.

Key Highlights

  • 1.8‑acre industrial property at 901 E Katy Lane in Hobbs, NM
  • 3,200‑square‑foot all‑metal shop built in 1989
  • 16 x 12 front overhead door plus two rear doors

Property Analytics

Current Use

Buddy's Hot Shot ... Trucking Company

Suggested Use

Top Pick Building Supply Restaurant Auto Parts Store HVAC Service Hair Salon Electrical 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

32
Businesses Nearby
Balanced
Demand for This Use

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 Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial property includes heated and air-conditioned offices, shop support space, and accessory storage structures.
Where is this flex space located?
The property is located at 901 E Katy Lane Hobbs, NM.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 1.8‑acre industrial property at 901 E Katy Lane in Hobbs, NM; 3,200‑square‑foot all‑metal shop built in 1989; 16 x 12 front overhead door plus two rear doors
More about this property
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