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    OFF-MARKET
    Retail properties & Spaces

    2126 Marland Blvd, Hobbs, NM 88240

    2,282 SF Built 1979
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2,282 square foot executive office building, located at 2126 W Marland Blvd in Hobbs, New Mexico, presents a compelling investment opportunity. Built in 1979, the property sits on a substantial 28,703.19 square foot lot, offering ample space and potential for expansion. The building itself is classified as commercial office space and features a flat roof. The asking price is $250,000, translating to $109.55 per square foot. The property includes both the building and the land. Convenient access is provided via a driveway directly from the city street. Internal climate control is ensured with both a heat pump and refrigerative air conditioning systems. The property's APN is 4950928130537. This property is ideal for a variety of businesses seeking a well-maintained and conveniently located office space in a thriving New Mexico community. Its size and location make it a strong contender for a variety of uses. The property's features and location make it a highly attractive investment opportunity in the Hobbs, New Mexico market.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1979
    Total area 2,282 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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