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    Hobbs, NM
    Live - Work Space

    Hobbs, NM Live-work Space for Sale

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    Seminole, TX Lovington, NM Monument, NM Oil Center, NM Eunice, NM Denver City, TX Lometa, TX
    Live-Work Property with Kitchen
    Updated: Nov 5, 2024
    Live-Work Property with Kitchen

    508 N Dalmont St, Hobbs, NM 88240

    $179,500
    1,539 sqft
    1,539‑square‑foot live‑work property
    Full kitchen area for combined business and living use
    Bathroom includes a shower
    Audio/video surveillance
    Built in 1975
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hobbs, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Flex Property With Shops
    Flex Property With Shops

    2200 S County Rd 1130, Midland, TX 79706

    $597,000
    2,890 sqft 1.50 AC lot

    Live-work property with separate shops, overhead doors, storage areas, and three-phase electrical service.

    View details
    Live-Work Property with Shop
    Live-Work Property with Shop

    1101 E County Rd 120, Midland, TX 79706

    $569,500
    2,261 sqft 1.00 AC lot

    An insulated commercial shop and office accompany an updated four-bedroom residence with dedicated outdoor improvements.

    View details
    Modern Office Building with Living Quarters
    Modern Office Building with Living Quarters

    4313 N County Rd W, Odessa, TX 79764

    $2,772,880
    12,604 sqft 1.04 AC lot

    Professional office facilities include an on-site apartment, secured parking, and generator backup power.

    View details
    Luxury Office with Apartment
    Luxury Office with Apartment

    4311 N County Rd W, Odessa, TX 79764

    Contact for pricing

    Office building offering multiple executive offices, conference rooms, and a 3-bedroom apartment, plus covered parking and an RV spot.

    View details

    Hobbs, NM Live-Work Space Market Trends and Statistics

    Explore 1 live-work space for sale in Hobbs, NM on our real estate platform. These investment opportunities span a total of 1,539 square feet of properties for sale, with an estimated market value of $179,500.

    Sale prices for live-work properties in Hobbs, NM average $179,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 16
    Office buildings 4
    Medical Office Space 1

    Demographics Overview

    Population 50K
    Population Growth (5Y) +4.5%
    Median Household Income $69,020
    College Educated 12.0%

    Taxes & Financing

    Tax Rate (average for all types) 2.68%
    Property Tax per SF $10.31 per SF
    Tax Rate vs County Average 0.11 pp below county avg
    Average Loan-to-Value 65.0%

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