Property profile

1430 Bender Blvd Hobbs, NM 88240

OFF-MARKET
Warehouses
Built 2007
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Property summary

AI-generated overview

This exceptional commercial and warehouse property, located at 1430 W Bender Boulevard in Hobbs, New Mexico, presents a unique investment opportunity. The property encompasses 4.35 acres of land and features a substantial 6,940 square foot main building constructed in 2007. The main building includes a welcoming front reception area, complete with a bathroom and four private offices, providing ample space for administrative functions. In 2017, a significant addition was made to the property: a 2,500 square foot metal building, expanding the overall usable space and offering versatile storage or operational capabilities. Further enhancing storage capacity is a 288 square foot mezzanine level, perfect for archiving or specialized inventory. This property's strategic location in Lea County, New Mexico, makes it exceptionally well-suited for businesses in the oilfield or trucking industries, offering easy access to major transportation routes and a thriving commercial environment. The asking price for this turnkey operation is $1,650,000. This is a rare opportunity to acquire a well-maintained, expansive industrial property in a high-demand location. Don't miss out on this chance to establish or expand your business in a prime New Mexico location. The property's zip code is 88240.

Property profile

Verified
Property type Warehouses
Year built 2007

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Training Center Vocational School
  • Oilfield

Location

1430 Bender Blvd Hobbs, NM 88240
Hobbs metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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