Property profile

5210 Dunnam St Hobbs, NM 88240

OFF-MARKET
Warehouses
6,300 SF 2 ac lot
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Property summary

AI-generated overview

This ±5,500 square foot industrial shop, situated on approximately two acres just north of Carlsbad Highway (62/180) in Lea County, presents a compelling opportunity for various commercial or industrial uses. The property boasts a fully fenced caliche yard, ideal for equipment storage and operations. Three truck bays ensure easy access for vehicles and machinery. Inside, a dedicated tool and parts room promotes efficient organization, while a mezzanine provides additional overhead storage. Office space includes two private offices, a reception area, and a kitchen, creating a functional workspace. The secure, fenced yard offers ample outdoor storage and enhances overall security. This property's blend of warehouse functionality and office space, combined with its convenient highway access, makes it an attractive option for businesses seeking expansion or relocation. The property's APN is 4000410410001, and it is zoned as "None". The building is a single-tenant industrial warehouse with a total of 6,300 square feet. The cross street is S. Airport Rd. This location offers excellent visibility and accessibility to major transportation routes, making it a prime location for various industrial and commercial operations. The expansive yard provides significant potential for future expansion. The functional layout seamlessly integrates warehouse and office spaces, offering a turnkey solution for businesses needing both operational and administrative areas.

Property profile

Verified
Property type Warehouses
Total area 6,300 SF
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5210 Dunnam St Hobbs, NM 88240
Hobbs metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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