401 Leech St, Hobbs, NM 88240
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.
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Ricos Tacos y Burritos, inc. Restaurant
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
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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.