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    OFF-MARKET
    Commercial real estate

    4220 Lovington Hwy, Hobbs, NM 88240

    4,000 SF 1.3 ac lot
    Property ID
    US61-0643736
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 4,000 SF
    Lot 1.3 ac (56,628 SF)
    UPID US61-0643736
    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
    • E&M Auto Mechanic Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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