Property summary
This exceptional 3,036 square foot commercial building is situated on a 0.3-acre lot at 506 N Shipp in Hobbs, New Mexico. Its convenient location offers easy access to downtown Hobbs while maintaining a quiet neighborhood setting. The property boasts multiple offices, providing ample space for various business configurations. Three bathrooms ensure convenience for employees and clients alike. A significant feature is the large backyard, complete with a patio, ideal for employee breaks or client gatherings. Rear parking is available, addressing employee parking needs. The building also includes a substantial, adaptable office space suitable for a wide range of business operations. This property presents a unique opportunity for businesses seeking a well-maintained, spacious, and conveniently located building in a thriving area of Hobbs. The asking price is $339,000. This is a turnkey opportunity for immediate occupancy and business establishment. The combination of size, location, and amenities makes this property a compelling investment for discerning buyers. Don't miss the chance to secure this exceptional commercial space.
Property profile
VerifiedCap rate & NOI
Current use
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Dental Office
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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