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    OFF-MARKET
    Distribution centers

    2726 Lovington Hwy, Hobbs, NM 88240

    3,200 SF
    Property ID
    US61-0738889
    Property summary
    AI-generated overview

    This 3,200 square foot warehouse, situated on 1.10 acres in Hobbs, New Mexico, presents a compelling investment opportunity. Located on the highly trafficked NM State Highway 18 (Hobbs-Lovington Highway), this property boasts exceptional visibility and easy highway access. The warehouse is fully enclosed by chain link fencing, secured by a rolling slide gate large enough to accommodate 18-wheelers. Inside, the space includes three offices, a small break room, and two restrooms. A loft area above the offices provides additional storage. The shop area features a small chain hoist mounted on an H-beam, adding to its functionality. The property also includes a spacious apron for enhanced safety and maneuverability. The asking price is $500,000, translating to $156.25 per square foot. Its versatile design and prime location make it suitable for a variety of commercial uses. The address is 2726 N Lovington Hwy, Hobbs, NM 88240. This property offers a unique blend of accessibility, security, and functional space, making it an ideal investment in a thriving New Mexico market.

    Property profile
    Verified
    Property type Distribution centers
    Total area 3,200 SF
    UPID US61-0738889
    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
    Current use
    Occupant on record · Public records
    • CNR Corporate Office
    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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