5210 Dunnam St, Hobbs, NM 88240
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.