Hobbs, NM 88240
- Office properties
- 1.15 AC
Off market
$11,521,620 Estimated
Property Details
- Lot size
- 1.15 AC
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 4 961 121 083 916
- APU
- 4961121083916
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $7,431,890
- 6.5%
- $6,860,206
- 7%
- $6,370,191
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,469,198
- Geo Method
- $11,384,863
-
Alternative Use
- Use
- Valuation
- Residential
- $8,506,655
- Hospitality
- $7,792,050
- Educational
- $6,482,894
- Medical
- $6,705,852
- Retail
- $10,084,503
Hobbs, New Mexico
Location Insight
- City
- Hobbs
- County
- Lea
- State
- New Mexico
- Latitude
- 32.734
- Longitude
- -103.158
- CBSA code
- 26020
- CBSA name
- HOBBS, NM MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
-
Tax year2023
-
Tax bill$10,023
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].