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Property profile & analytics

1708 Dal Paso St Hobbs, NM 88240

  • Office Properties & Spaces
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Halff Associates Inc / Engineering Consultant
  • Hobbs Watermart / Bottled Water Supplier
  • Premier Accounting Services LLC / Accountant / Bookkeeping Service

Property Details for 1708 Dal Paso St

Year built
1997
Property type
Office Properties & Spaces
Property subtype
Land

Description

This exceptional commercial property, located at 1708 N Dal Paso Street in Hobbs, New Mexico, presents a unique investment opportunity. The land, totaling an unspecified acreage (information not provided), is zoned for commercial use and offers significant potential for development. The property's address is conveniently situated within Lea County, in the vibrant city of Hobbs, NM, zip code 88240. Built in 1997, the existing structures on the land are classified as office space, although the specific details regarding square footage, building condition, and number of units are not available in the provided information. The asking price for this property is $99,000, making it an attractive proposition for investors seeking a foothold in the thriving Hobbs commercial market. The property's latitude and longitude coordinates are 32.7190966 and -103.1267779 respectively, allowing for easy location verification and mapping. Given its commercial zoning and existing office space, this land parcel is ideal for a variety of uses, including expansion of existing businesses, construction of new commercial buildings, or redevelopment of the existing structures. Further due diligence is recommended to fully assess the property's potential and suitability for specific development plans. This is a rare opportunity to acquire a well-located commercial property in a growing New Mexico market at an attractive price point.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Hobbs
County
Lea
State
New Mexico
Longitude
-103.127
Latitude
32.7191
More about this property
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