Property summary
This exceptional commercial property, located at 205 W Marland Boulevard in Hobbs, New Mexico, presents a compelling investment opportunity. The building encompasses a substantial 2,054 square feet of versatile commercial space, situated on a generous half-acre lot. This sizable lot offers ample room for expansion, additional parking, or outdoor amenities, depending on the future use of the property. The property's prime location in Hobbs ensures high visibility and accessibility, making it ideal for a variety of commercial ventures. The building itself is ready for immediate occupancy or can be customized to suit specific business needs. Its robust construction and functional layout provide a solid foundation for a thriving enterprise. The asking price of $489,000 reflects the property's significant value and potential for strong returns. Given the desirable location and the substantial size of both the building and the lot, this property is poised for success and represents a rare opportunity in the competitive Hobbs commercial real estate market. Serious inquiries are encouraged to explore the possibilities this property offers. Detailed property information and specifications are available upon request.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.