Property profile

5210 Dunnam St Hobbs, NM 88240

OFF-MARKET
Warehouses
6,300 SF 2 ac lot Built 2017
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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

Location

5210 Dunnam St Hobbs, NM 88240
Hobbs metro
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Value estimations

Realmo proprietary · 4 methods
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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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