Property summary
This exceptional 6.04-acre commercial property, located at 3800 W Carlsbad Highway in Hobbs, New Mexico, presents a unique investment opportunity. Built in 2017, the substantial metal building boasts incredible visibility due to its prime location on a major highway (US 62/180), offering easy access to both local amenities and regional transportation networks. The property is conveniently situated minutes from Hobbs' city center and airport, and approximately 70 miles from Carlsbad, NM, ensuring excellent connectivity. The warehouse itself features a functional layout, including six large overhead doors for efficient loading and unloading, a well-appointed reception area complete with a counter, a dedicated storage/supply room equipped with shelving for organized inventory management, and three restrooms for employee convenience. This versatile property is ideally suited for a variety of commercial and industrial uses, offering significant potential for growth and profitability. The asking price is $1,900,000, and the property is available for both purchase and lease. This is a rare opportunity to acquire a high-visibility, well-maintained commercial warehouse in a thriving New Mexico market. The property is situated in Lea County, NM, zip code 88240.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Parts Store Big Box & Wholesale Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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