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    OFF-MARKET
    Distribution centers

    3800 Carlsbad Hwy, Hobbs, NM 88240

    Built 2017
    Property ID
    US61-0941876
    Property summary
    AI-generated overview

    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
    Verified
    Property type Distribution centers
    Year built 2017
    UPID US61-0941876
    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
    • Radiators Unlimited and Truck Parts Auto Parts Store Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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