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502 Alto St Hobbs, NM 88240

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For Sale
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Prime 33,976 sq ft lot, owner financing available.

Property Features for 502 Alto St

General Information

Property type
Land

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Listing Contact
Rusty Taylor
Rusty Taylor

Listing Agent: Rusty Taylor

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Overview

This exceptional 33,976.8 square foot commercial land parcel in Hobbs, New Mexico, presents a unique investment opportunity. Located at 502 W Alto Street in Lea County, zip code 88240, this property offers significant potential for various commercial developments or multi-family residential construction. The lot size is slightly over three-quarters of an acre, providing ample space for ambitious projects. Convenient access is ensured via a dedicated 30-foot easement situated on the west side of the property. City utilities are readily available in close proximity to the site, simplifying infrastructure connections. The asking price for this prime piece of land is $160,000. A notable feature is the owner's willingness to consider owner financing options for qualified buyers, subject to an acceptable down payment. Please note that a dedicated easement of record is in place for this property. This is a rare chance to acquire a sizable, well-located lot in a growing area. Serious inquiries are encouraged.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Hobbs
County
Lea
State
New Mexico
Longitude
-103.141311
Latitude
32.7171105

FAQs

What type of property is this?
Land - Prime 33,976 sq ft lot, owner financing available.
Where is this land located?
The property is located at 502 Alto St Hobbs, NM.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: 33,976.8 SF commercial land parcel in Hobbs, NM.; Located at 502 W Alto Street, Lea County, NM 88240.; Over 0.75-acre lot suitable for commercial or multi-family development.
(575) 393-4083 Call to check price and availability
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