Property summary
This 8,400 square foot warehouse in Hobbs, New Mexico, presents a compelling investment opportunity. Situated on a 31,363.2 square foot lot (APN 4000201625001), this single-tenant industrial property offers ample space for diverse commercial uses, including storage, manufacturing, or distribution. Its strategic location provides easy access to major transportation routes, streamlining logistics and enhancing accessibility for clients. The warehouse boasts a flexible layout adaptable to various business needs and includes a fenced, stabilized caliche yard for secure storage of inventory and assets. This property is ideal for businesses seeking to establish a new base of operations or expand their existing footprint. The property's versatility and prime location in Hobbs, NM (zip code 88240) make it a highly attractive option for a wide range of commercial enterprises. This is a single-tenant property with no additional building suites. Don't miss this chance to acquire a well-situated and adaptable warehouse in a thriving New Mexico market.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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