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2126 Marland Blvd Hobbs, NM 88240

OFF-MARKET Retail properties & Spaces Google Maps
2,282 SF Built 1979
Estimated value
No estimation on file for this property yet.
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

Value estimations

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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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