414 Arco Rd Hobbs, NM 88240
- Land
- 4.34 lot acres
Current Use by Public Records
- Land
Property Details for 414 Arco Rd
- Lot size
- 4.34 lot acres
- Property type
- Land
Description
This exceptional 4.34-acre commercial land parcel presents a unique investment opportunity in the thriving city of Hobbs, New Mexico. Located at 414 E Arco Rd, in Lea County, this property boasts an ideal location with easy access to major roadways, ensuring high visibility and convenient accessibility for any commercial venture. The asking price for this expansive lot is $300,000, representing a compelling value proposition for developers and investors seeking a strategic foothold in a dynamic market. The property's zoning and permitted uses should be independently verified to ensure compatibility with your specific business plans. Given its size and strategic location, this land is well-suited for a wide range of commercial developments, from retail spaces and office buildings to industrial facilities and warehousing. The property's flat terrain simplifies development, minimizing site preparation costs and accelerating project timelines. The address is 414 E Arco Rd, Hobbs, NM 88240, with GPS coordinates of 32.6530115 latitude and -103.1343419 longitude. This prime location offers significant potential for substantial returns on investment. Serious inquiries are encouraged to explore the possibilities and secure this exceptional commercial land opportunity. Prospective buyers are advised to conduct their own due diligence regarding zoning regulations, utility availability, and environmental considerations.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hobbs
- County
- Lea
- State
- New Mexico
- Longitude
- -103.134
- Latitude
- 32.653
