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    2724 Marland Blvd Hobbs, NM 88240

    • Hospitality properties
    • 1.04 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Basin Lodging / Hotel

    Property Details for 2724 Marland Blvd

    Lot size
    1.04 lot acres
    Property type
    Hospitality properties
    Property subtype
    Hotels

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hobbs
    County
    Lea
    State
    New Mexico
    Longitude
    -103.171
    Latitude
    32.6973

    Comparable in this City

    • Value Estimation by Request
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      2315 Jefferson St

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      515 Clinton St

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      108 Willow St

      Land
      108 Willow St, Hobbs, NM 88240
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      1.43 Acres

      Rash Rd

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      0 Rash Rd, Hobbs, NM 88240
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    • Value Estimation by Request
      10.53 Acres

      3 Millen

      Land • 10.53 Acres
      3 Millen, Arkansas Junction, NM 88240
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    Similar Nearby for Lease

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      Hobbs Office Space: 6,329 SF Available

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    2724 Marland 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
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