Property profile

2608 Scenic Dr Hobbs, NM 88240

OFF-MARKET
Warehouses
Property ID
US61-0476324
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Property summary

AI-generated overview

This exceptional 1,800 square foot industrial property, ideally situated just east of Lovington Highway (State 18) on Hobbs' north side, presents a fantastic opportunity. The single-tenant building offers a blend of office and warehouse space, perfect for businesses requiring both indoor and outdoor operational areas. The warehouse features a 12-foot overhead door, providing easy access for trucks and trailers. Ample fenced and stabilized yard space is available for equipment and material storage. The office area is well-appointed, including a reception area, two private offices, a conference room/shared office, and a restroom. Additional mezzanine storage above the offices maximizes space utilization. The property's convenient location near Lovington Highway ensures excellent accessibility and transportation links. This ready-to-occupy space is ideal for a company needing a combination of office and warehouse functionality with substantial yard space. The property is classified as Flex, Warehouse, and Distribution space and is currently available for lease.

Property profile

Verified
Property type Warehouses
UPID US61-0476324

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Building Supply
  • Restaurant

Location

2608 Scenic Dr Hobbs, NM 88240
Hobbs metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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