Property profile

5514 Carlsbad Hwy Hobbs, NM 88240

OFF-MARKET
Warehouses
Property ID
US61-0796683
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Property summary

AI-generated overview

This ±8,000 square foot industrial warehouse presents a unique investment opportunity in Hobbs, New Mexico. Situated on a ±4-acre lot with a stabilized, fenced yard, the property boasts a spacious ±5,250 square foot shop featuring three bay doors for convenient access to loading and unloading areas. The shop also includes two tool rooms for efficient organization and storage. The office space comprises approximately ±2,750 square feet and offers a functional layout including three private offices, an employee room, a meeting room, a break room, and two bathrooms (one in the office and one in the shop area). The property's single-tenant occupancy simplifies management and provides a stable income stream. Its strategic location on Carlsbad Highway (62/180), just west of West County Road, ensures excellent visibility and accessibility. The property is identified by APN 4000417590001. A high-quality 3D tour is available online for a comprehensive virtual walkthrough. This versatile property is ideal for a variety of industrial uses and offers significant potential for growth and return on investment.

Property profile

Verified
Property type Warehouses
UPID US61-0796683

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor

Location

5514 Carlsbad Hwy Hobbs, NM 88240
Hobbs metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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