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    OFF-MARKET
    Flex space

    901 Cecil St, Hobbs, NM 88240

    11,400 SF 7 ac lot Built 1980
    Property ID
    US61-0792425
    Property summary
    AI-generated overview

    This ±11,400 square foot industrial property in Hobbs, New Mexico, offers a unique blend of office and warehouse space, ideal for various business needs. Situated on approximately 7 acres, the property comprises three buildings. Building 1 boasts approximately 5,500 square feet, including ±3,000 square feet of office space featuring a reception area, seven private offices, and two bathrooms (one in a dedicated safety meeting room). The remaining ±2,500 square feet is shop space with a high-clearance overhead door and a mezzanine for extra storage. Building 2 provides approximately 5,000 square feet of covered storage/workshop space with two 14-foot overhead doors, facilitating easy access for large vehicles and equipment. Finally, Building 3 offers approximately 1,400 square feet of separate dry storage, ensuring secure and weather-protected storage. The entire complex features a 16-foot ceiling height, three drive-in doors, and three-phase power. Built in 1980, this single-tenant Class C property is located at 901 S Cecil St, Hobbs, NM 88240, in Lea County. The zoning is currently unlisted. This property presents a significant opportunity for businesses requiring a combination of office, shop, and storage space, with ample room for expansion. The location offers convenient access to major roadways.

    Property profile
    Verified
    Property type Flex space
    Year built 1980
    Total area 11,400 SF
    Lot 7 ac (304,920 SF)
    UPID US61-0792425
    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
    • Nolan H Brunson Inc Trucking Company
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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