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Listed by Found Real Estate
$ 299,000
Est. payment /mo
Active
1119 S LEECH ST Hobbs, NM 88240
0.41 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20262368
HOA Y/N No
Year Built 1970
Annual Tax Amount $3,438
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Industrial
Source NMMLS
Property Description
11,400 SF industrial warehouse located at 1119 S Leech Street in Hobbs, NM, offered at $299,000. At approximately $26/SF, the property offers an attractive acquisition basis for an owner-user or investor. The building is currently income producing at $1,500 per month and provides functional warehouse space with a fenced property and convenient industrial access. Rail infrastructure runs immediately behind the property, providing potential strategic value for industrial and distribution users. Buyer to verify rail access, service availability, and use rights. The neighboring property at 1111 S Leech Street, currently occupied by Cintas, is also available for purchase. The seller will consider a package transaction for both properties, providing buyers the opportunity to acquire adjacent industrial assets with a combination of existing income and future operational or investment flexibility.
Location
State NM
County Lea
Exterior
View Y/N false
Private Pool No
Others
Tax ID 4000059460001