Land in Growing Lea
For Sale
Contact for pricing
000 Lot 3, Hobbs, NM 88240
Land suitable for development in a rapidly growing area.
Property SizeContact for details
Days on Market777
Property Features for 000 Lot 3
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
CORE Realty Group
Listed By:
Kali Brown · License #20308
(575) 433-7000
Source:
Crexi
Added: Jul 19, 2024
Changed: Sep 3
Last Checked: Sep 2 at 5:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CORE Realty Group
Investment Insights
Based on property information with market context.
This land is situated in a vastly growing area in the heart of Lea County and is surrounded by large facilities including the CORE Center of Recreational Excellence, the new Covenant Hospital, Zia Park Racetrack and Casino, Lea County Event Center, and NMJC. Lots 2, 3, 4, and 5 have potential for restaurants and fast food establishments. These lots are situated right off the Lovington Highway, providing visibility on both the east and west side.
Key Highlights
- Located in a rapidly growing area of Lea County.
- Surrounded by large facilities (CORE Center, Covenant Hospital, Zia Park, Lea County Event Center, NMJC).
- High visibility location directly off Lovington Highway.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 88240, NM
42,386
Population
16,490
Households
2.6
Avg Household Size
31
Median Age
17%
College-Educated
76%
High-School Grad
600.2 sq mi
ZIP Area
71
Density / Sq Mi
$65,394
Median Household Income
$37,178
Median Earnings
$1,124
Median Rent
$177,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Land suitable for development in a rapidly growing area.
Where is this commercial land located?
The property is located at 000 Lot 3 Hobbs, NM.
What is the asking price?
The asking price for this property is $653,400.
What are key features of this property?
This property features: Located in a rapidly growing area of Lea County.; Surrounded by large facilities (CORE Center, Covenant Hospital, Zia Park, Lea County Event Center, NMJC).; High visibility location directly off Lovington Highway.
