911 N TURNER ST, Hobbs, NM 88240
911 N TURNER ST, Hobbs, NM 88240
911 N TURNER ST, Hobbs, NM 88240
911 N TURNER ST, Hobbs, NM 88240
911 N TURNER ST, Hobbs, NM 88240
911 N TURNER ST, Hobbs, NM 88240
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mindy Longmire

Mindy Longmire

+1(575) 626-5411
Listed by  Found Real Estate
$ 200,000
Est. payment | /mo

3,484 Sqft Lot

Save
$ 200,000
Est. payment | /mo
Save

3,484 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20261087

HOA Y/N No

Year Built 1960

Annual Tax Amount $2,875

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Retail

Source NMMLS

Property Description

911 N Turner presents a commercial investment property located along N Turner Street in Hobbs, New Mexico, offering immediate rental income with flexibility for an owner-user or investor. The property is currently leased on a month-to-month basis for $1,700 per month, providing stable income while allowing a new owner the option to continue leasing or occupy the building. The month-to-month tenancy provides flexibility for investors seeking income with upside potential or businesses looking for a centrally located commercial space. At the current rent, the property offers a potential cap rate of approximately 8.2% before expenses, making it an attractive small commercial investment in the Hobbs market.

Location

State NM

County Lea

Exterior

View Y/N false

Private Pool No

Others

Tax ID 4000171650001

Mindy Longmire
Mindy Longmire

Owner/Qualifying Broker | License ID: NM19417

+1(575) 626-5411 | mindy@dynamicpropertiesofnm.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Dynamic Properties of New Mexico, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of #seller_variable#, including calls, texts, and voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call #phone_number# to obtain direct assistance.

Go tour this home

911 N TURNER ST