Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    8201 Stone Rd Hobbs, NM 88240

    Sponsored
    For Sale
    $50,000

    Build Your Dream in Hobbs, NM

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional .5-acre lot, encompassing 21,780 square feet, presents a remarkable opportunity for development in the desirable Monument area of Hobbs, New Mexico. Located at 8201 S Stone Road, Lea County, zip code 88240 (32.6102563, -103.2643642), this property offers convenient access to city water and electricity readily available in the adjacent alley. The land is being sold "AS IS," with the seller not undertaking any pre-sale repairs. This presents a unique chance for buyers to customize the property to their exact specifications. The asking price for this prime piece of land is $50,000. For those seeking flexible financing options, owner financing may be available upon presentation of an acceptable offer. This property is ideally suited for a variety of uses, making it an attractive investment for both residential and commercial ventures. The strategic location within Monument, coupled with the readily accessible utilities, makes this a truly exceptional opportunity. Serious inquiries are encouraged to explore this promising investment prospect further. Don't miss out on this chance to acquire a valuable piece of land in a growing New Mexico community.

    Property Features for 8201 Stone Rd

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hobbs
    County
    Lea
    State
    New Mexico
    Longitude
    -103.2643642
    Latitude
    32.6102563

    Nearby Similar for Sale

    • $430,000
      3,503 SF

      Hobbs Office Suite For Sale

      Professional office suite on a busy city street in Hobbs.
      205 W Broadway St, Hobbs, NM 88240
      View Details
    • $475,000
      3,129 SF

      Mixed-Use Property in High-Traffic Area

      Versatile property suitable for retail, office, or medical use.
      810 E Walker Dr, Hobbs, NM 88240
      View Details
    • $475,000
      5.00 Acres

      Event Venue on 5 Acres

      Barn venue for weddings, parties, and events on 5 acres.
      12915 N Denver City Hwy, Hobbs, NM 88242
      View Details
    • $575,000
      2,560 SF

      Hobbs Office Building For Sale

      High-quality, move-in ready office building suitable for owner/user or investor.
      502 W Alto Dr, Hobbs, NM 88240
      View Details
    • Contact for pricing
      2,560 SF

      Hobbs Office Building For Sale

      High-quality, move-in ready office building with ample parking.
      502 W Alto Dr, Hobbs, NM 88240
      View Details
    • $530,000
      Pending

      Retail Property in Downtown Hobbs

      Turn-key retail rental property in Hobbs' downtown shopping district.
      203 W Broadway St, Hobbs, NM 88240
      View Details
    • $310,000
      5,000 SF

      Hobbs, NM Mixed-Use Property

      5-acre property with 5,000 sq ft shop, mechanic repair.
      10576 W Stiles Rd, Hobbs, NM 88242
      View Details
    • $197,500
      1,539 SF

      Mixed-Use Building in Hobbs, NM

      Mixed-use property suitable for business and residential use.
      508 N Dalmont St, Hobbs, NM 88240
      View Details
    • $1,733,000
      3,622 SF

      NN Leased Restaurant Investment Opportunity

      NN leased restaurant with attractive rental escalations and renewal options.
      3619 NW County Rd, Hobbs, NM 88240
      View Details
    • $475,000
      41.82 Acres

      North Hobbs Farmland with Water Rights

      41-acre farm in North Hobbs with water rights and barns.
      Tbd Rancho Rd, Hobbs, NM 88242
      View Details
    • $525,000
      5.00 Acres

      Hobbs Event Venue - 5 Acres

      Rustic barn, event rental, ample parking.
      12915 Denver City Hwy, Hobbs, NM 88242
      View Details
    • $1,500,000
      870 SF

      Hobbs Radio Station - Turnkey Business

      Thriving Radio Station, Established Business, Great Potential
      108 Willow St, Hobbs, NM 88240
      View Details

    FAQs

    What type of property is this?
    Land - Build Your Dream in Hobbs, NM
    Where is this land located?
    The property is located at 8201 Stone Rd Hobbs, NM.
    What is the asking price?
    The asking price for this property is $50,000.
    Request Owner's contact information
    8201 Stone Rd Hobbs, NM 88240
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8201 Stone Rd
    Hobbs, NM 88240
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8201 Stone Rd Hobbs, NM 88240
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.