10918 N Monarch Street

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10918 N Monarch Street

Hobbs, NM 88242
Asking Price
$275K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 10918 N Monarch Street in Hobbs, New Mexico.
  • Property consists of 3.17 acres of commercial land.
  • The land is available for purchase at $275,000.
  • Positioned within a key industrial and energy-focused region.
  • Site supports flexible use for commercial or industrial development.

What's Special

Hobbs serves as a central hub for economic activity in southeastern New Mexico, benefiting from the region's active energy sector and industrial growth. This 3.17-acre commercial land parcel at 10918 N Monarch Street provides a strategic footprint for developers looking to establish a presence within this expanding market. The site features significant acreage suitable for a variety of commercial applications, ranging from equipment storage and logistics operations to specialized industrial facilities. Investors and business owners can leverage the location to capitalize on the connectivity and steady demand for space characteristic of the area. With its substantial size, the property accommodates versatile build-to-suit configurations tailored to professional requirements or business expansion goals. Local infrastructure supports a range of operational needs, making this a viable prospect for those seeking to secure well-positioned commercial real estate in an active submarket.

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NOI
$80,000
Cap Rate
29.09%
DSCR
4.90
Strong
Cash-on-Cash
77.18%
Monthly Payment
$1,360.55
Annual Cash Flow
$63,673.401

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