Property summary
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
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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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.
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