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    Hobbs, NM
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    Hobbs, NM Live-work Space for Sale

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    Monument, NM Seminole, TX Lovington, NM
    Mixed-Use Property with Kitchen
    $197,500

    Mixed-Use Property with Kitchen

    508 N Dalmont Street, Hobbs, NM 88240

    Mixed-use property suitable for office and residential use.

    • Great location for a professional office.
    • Unique building design.
    • Full kitchen area.
    • Bathroom with shower.
    • Potential to live and work in the same location.
    Updated: Nov 6, 2024
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    Live-Work Space with Kitchen
    $197,500
    1,539 SF

    Live-Work Space with Kitchen

    508 N Dalmont Street, Hobbs, NM 88240

    Unique building suitable for business and residential use.

    • Great location for professional office
    • Unique building suitable for business and residential use
    • Full kitchen area
    • Bathroom with shower
    • Heating
    Updated: Nov 4, 2024
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Hobbs, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Multi-Residence Property in Greenwood ISD
    $625,000
    4,304 SF

    Multi-Residence Property in Greenwood ISD

    Versatile property ideal for investors, business owners, or live-work.

    5008 E TX-158, Midland, TX 79706
    View details
    Live-Work Property in Midland, TX
    $1,595,000
    14,800 SF

    Live-Work Property in Midland, TX

    Mixed-use property featuring man camps, house, and maintenance shop.

    8700 S County Rd 1210, Midland, TX
    View details
    Historic Las Vegas Mixed-Use Complex
    $1,980,000
    15,526 SF

    Historic Las Vegas Mixed-Use Complex

    Mixed-use complex with commercial storefronts and residential units in Las Vegas.

    1809 Plaza, Las Vegas, NM 87701
    View details
    Mixed Use, Office, Retail
    $215,000
    1,888 SF

    Mixed Use, Office, Retail

    Mixed-use properties · 1,888 SF

    1133 Grand Avenue, Las Vegas, NM 87701
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercially Zoned Land in Chaparral
    $119,900
    0.70 Acres

    Commercially Zoned Land in Chaparral

    Commercially zoned parcel in Chaparral's primary business corridor.

    412 McCombs Road, Chaparral, NM 88081
    View details
    El Paso Vacant Land Parcel
    $86,250
    0.14 Acres

    El Paso Vacant Land Parcel

    Vacant lot in El Paso, TX, zoned SCZ.

    4425 Rosa Avenue, El Paso, TX 79905
    View details
    Ready-to-Build Lot in Madrid, NM
    $105,000
    0.75 Acres

    Ready-to-Build Lot in Madrid, NM

    0.75-acre lot with well, power, flat, and commercial/residential zoning.

    34 Ice House Road, Madrid, NM 87010
    View details
    Albuquerque Land For Sale
    $289,900
    0.56 Acres

    Albuquerque Land For Sale

    Corner lot near downtown Albuquerque with high visibility.

    500 Mountain Road NE, Albuquerque, NM 87102
    View details

    Hobbs, NM Live-Work Space Investment Opportunities Market Analysis

    Explore 2 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 $197,500.

    Sale prices for live-work properties in Hobbs, NM start at $197,500, averaging $197,500, and reaching up to $197,500 — 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

    Office Units 2
    Medical Office Space 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

    Identify Hobbs submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    88240 $197.5K

    Taxes & Financing

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

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