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    OFF-MARKET
    Retail properties & Spaces

    2801 Dal Paso St, Hobbs, NM 88240

    1 ac lot Built 1950
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 2801 N Dal Paso Street in Hobbs, New Mexico, presents a unique investment opportunity. Situated on a one-acre lot in Lea County (zip code 88240), this property boasts a 1950-built structure that has undergone a complete renovation. The building features three separate office spaces, ideal for a variety of business configurations, a fully equipped kitchen, and two bathrooms, ensuring convenience and functionality. A small back house adds additional space, potentially suitable for storage or expansion. The asking price for this turnkey commercial property is $450,000. Its prime location in Hobbs, New Mexico offers excellent visibility and accessibility, making it an attractive proposition for entrepreneurs and investors seeking a well-established and updated commercial space. The property's versatility allows for diverse business applications, making it a sound investment with significant potential for growth and return. This is a rare opportunity to acquire a fully renovated commercial property in a thriving New Mexico market. Don't miss out on this chance to own a piece of Hobbs' commercial landscape.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1950
    Lot 1 ac (43,560 SF)
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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