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Hobbs, NM 88240

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For Sale
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Prime Lea County development land. High-visibility location.

Property Features for 0

General Information

Property type
Land
Lot Size
65,340 SF

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Listing Contact
Kali Taylor
Kali Taylor

Listing Agency: Core Realty Group Listing Agent: Kali Taylor

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional 1.5-acre land parcel presents a unique investment opportunity in the rapidly expanding city of Hobbs, New Mexico, within Lea County. Located at 000 Lot 4, zip code 88240 (32.6918469, -103.1225758), this property boasts a highly desirable location offering significant visibility and accessibility. Its strategic placement along the Lovington Highway ensures excellent exposure to traffic flowing in both east and west directions, making it ideal for businesses seeking high visibility. The surrounding area is experiencing substantial growth, with nearby established facilities including the CORE Center of Recreational Excellence, the new Covenant Hospital, Zia Park Racetrack and Casino, Lea County Event Center, and New Mexico Junior College. This vibrant environment provides a strong foundation for future development and ensures a robust customer base. The property's 1.5-acre size offers ample space for a variety of commercial ventures, particularly restaurants or fast-food establishments, perfectly suited to capitalize on the area's growth and high traffic volume. This is an exceptional opportunity to acquire a strategically located land parcel in a thriving community. The asking price for this property is $653,400.
Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Hobbs
County
Lea
State
New Mexico
Longitude
-103.1225758
Latitude
32.6918469

FAQs

What type of property is this?
Land - Prime Lea County development land. High-visibility location.
Where is this land located?
The property is located at 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: $653,400 asking price.; 1.5-acre land parcel.; Located in Hobbs, Lea County, New Mexico, zip code 88240.
(575) 942-8820 Call to check price and availability
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