Property summary
This exceptional 8-acre industrial property in Hobbs, New Mexico, presents a significant investment opportunity. The main building encompasses 8,500 square feet, strategically divided to include approximately 1,000 square feet of well-appointed office space. The remaining warehouse area offers substantial space, characterized by high ceilings, ideal for a variety of industrial uses including, but not limited to, manufacturing, distribution, or storage. Two 5-ton cranes are included within the warehouse space, enhancing operational capabilities. The property's expansive outdoor area provides ample parking, additional storage options, and significant room for future expansion. Its strategic location ensures excellent access to major roadways, streamlining transportation and logistics. The combination of substantial warehouse space, functional office areas, and generous outdoor space makes this property exceptionally well-suited for businesses seeking to expand or relocate their operations. The property's prime location and versatile design offer significant potential for a wide range of industrial applications, making it an attractive investment in a thriving New Mexico market. The asking price is $995,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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