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    OFF-MARKET
    Warehouses

    5210 Dunnam St, Hobbs, NM 88240

    6,300 SF 2 ac lot Built 2017
    Property ID
    Property summary
    AI-generated overview

    This exceptional owner-user industrial property, located at 5210 W Dunnam St, Hobbs, NM 88240, presents a compelling investment opportunity. The property encompasses two buildings totaling 6,300 square feet of net rentable space, constructed in 2017 on a 2-acre lot. The single-story structures offer a versatile layout, combining warehouse space with functional office areas. Features include two private offices, a reception area, and a kitchen. The warehouse area boasts three truck bays, a dedicated tool and parts room, and valuable mezzanine storage, maximizing space efficiency. A fully fenced, caliche yard provides ample space for outdoor storage, equipment parking, or future expansion. The property's prime location, just north of Carlsbad Highway (62/180), ensures excellent visibility and convenient access to major transportation routes. This turnkey solution is ideal for businesses requiring both operational and administrative space, offering a secure and private environment for operations and inventory. The property's zoning is currently unlisted. The Lea County address is easily accessible via major roadways. This property offers a unique blend of warehouse functionality and office space, making it an attractive option for a variety of commercial and industrial uses. The asking price is $800,000.

    Property profile
    Verified
    Property type Warehouses
    Year built 2017
    Total area 6,300 SF
    Lot 2 ac (87,120 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
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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