414 Taylor St, Hobbs, NM 88240
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.
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US Land Management Bureau Sustainability Organization
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US Health & Human Services Department Public Health Department
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Ina's Porta Potties Building Supply
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
Similar Nearby for Lease
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.