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Property profile & analytics
OFF-MARKET
Land

1120 County Rd Rd Hobbs, NM 88240

Property ID
Property summary
AI-generated overview

This exceptional 7.5-acre commercial property in Hobbs, New Mexico, presents a unique investment opportunity. The main building, totaling 4,500 square feet, features ten individual office spaces, each serviced by two multi-stall bathrooms. A spacious conference area boasts custom-built cabinetry offering ample storage, complemented by an integrated kitchen. Adding to the property's versatility is a heated and air-conditioned shop, ideal for various uses. The property also includes covered parking for twelve vehicles and additional storage areas. The property's expansive lot size and diverse features offer significant potential for a wide range of commercial enterprises. Located at 1120 NW County Road Road, Hobbs, NM 88240 (APN: 4000054890001), this single-tenant property is ready for immediate occupancy. The combination of office space, shop, and ample parking makes this a truly versatile and attractive commercial offering. This is a rare opportunity to acquire a substantial commercial property in a thriving New Mexico market.

Property profile
Verified
Property type Land
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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