4220 Lovington Hwy, Hobbs, NM 88240
This exceptional commercial property in Hobbs, New Mexico, presents a unique investment opportunity. Located at 4220 N Lovington Highway, this 1.3-acre lot boasts a substantial 4,000 square foot building, perfect for a variety of commercial uses. The single-tenant building features a spacious shop area, a dedicated reception area, a well-appointed office, and two convenient bathrooms. Additional storage or parts room space is also included, adding to the property's versatility. The property is fully fenced, and includes a caliche yard providing ample space for outdoor operations or storage. The location offers high visibility and is situated in a high-traffic area, ensuring maximum exposure for your business. The property's APN is 4000422090001. This is an ideal location for businesses seeking a prominent presence in a thriving New Mexico community. The property's size and features make it suitable for a wide range of commercial enterprises. The combination of building space, outdoor area, and prime location makes this a truly compelling investment prospect. The zip code is 88240. This property is ready for immediate occupancy and offers significant potential for growth and return on investment.
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E&M Auto Mechanic Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.