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    OFF-MARKET
    Office Spaces

    414 Taylor St, Hobbs, NM 88240

    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 414 W Taylor Street in Hobbs, New Mexico, presents a unique investment opportunity. The property consists of a 21,780 square foot lot (APN: 4000151540001) and is currently improved with a single-tenant office building of 4,000 square feet. The property's classification is Land and Office, suitable for a variety of commercial uses. Its single-tenant occupancy offers stability and potential for future growth. Situated in Hobbs, NM, zip code 88240, this location benefits from excellent accessibility and visibility. The property's size and zoning make it ideal for expansion or redevelopment, catering to a range of business needs. The property's strategic location within Hobbs offers easy access to major transportation routes and a thriving local economy. This presents a compelling opportunity for investors seeking a stable, single-tenant property with significant upside potential. The property's existing structure provides immediate income generation, while the ample land offers flexibility for future development or expansion. Detailed information on zoning and permitted uses is available upon request. This is a rare opportunity to acquire a well-located commercial property in a growing market.

    Property profile
    Verified
    Property type Office Spaces
    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
    Current use
    Occupant on record · Public records
    • US Land Management Bureau Sustainability Organization
    • US Health & Human Services Department Public Health Department
    • Ina's Porta Potties Building Supply
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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