401 Leech St, Hobbs, NM 88240
This ±8,700 square foot warehouse, situated on a one-acre lot in Hobbs, NM, presents a remarkable opportunity for businesses seeking expansion or relocation. The property boasts a versatile open floor plan, easily adaptable to various industrial needs, including storage, manufacturing, or distribution. Six offices, a reception area, break room, and two restrooms provide ample space for administrative functions and employee comfort. Two overhead doors ensure efficient loading and unloading, while a fully fenced, stabilized caliche yard offers secure outdoor storage. The strategic location provides effortless access to major highways and transportation routes, optimizing logistics and client accessibility. Ample off-street parking is also available. This property is ideally located just north of Highway 62/180 (Marland Boulevard), offering excellent visibility and convenient access to the city's infrastructure. The combination of size, features, and location makes this warehouse an exceptional investment for any growing enterprise.
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Ricos Tacos y Burritos, inc. Restaurant
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
Similar Nearby for Sale
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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.