Property summary
This exceptional 8-acre industrial property in Hobbs, New Mexico, presents a compelling investment opportunity. Located at 2621 W Marland Boulevard, Lea County, zip code 88240, the property encompasses a substantial 8,500-square-foot main building. Approximately 1,000 square feet of this space is dedicated to well-appointed office areas, ideal for administrative functions. The remaining warehouse space offers high ceilings and significant versatility, suitable for a range of industrial uses including manufacturing, distribution, or storage. Two 5-ton cranes are included within the warehouse. The property's expansive outdoor area provides ample parking and storage, along with significant room for future expansion. Its strategic location ensures excellent access to major roadways, facilitating efficient transportation and logistics. The property is priced at $995,000 and represents a significant potential for businesses seeking to expand or establish operations in a prime New Mexico location. This is a rare opportunity to acquire a substantial industrial property with significant potential for growth and development. The property's combination of warehouse space, office space, and ample outdoor area makes it an ideal choice for a variety of industrial businesses. The location in Hobbs, NM offers easy access to major transportation routes, making it a strategic location for distribution and logistics operations.
Property profile
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Location
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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