411 St Anne Pl, Hobbs, NM 88240
This exceptional 7,690 square foot commercial lot, located at 411 E St Anne Place in Hobbs, New Mexico, presents a remarkable opportunity for investors and businesses alike. Situated in Lea County, with convenient access to Bender Boulevard, this property boasts a highly desirable location within a thriving community. The asking price is $265,000. While the listing mentions a pre-existing structure (30 x 70 building with two offices and two restrooms), the sale is specifically for the land itself. This offers significant flexibility for development, allowing for the construction of a new building tailored to specific business needs or the potential repurposing of the existing structure. The property's size provides ample space for a variety of commercial ventures. Its strategic location near Bender Boulevard ensures high visibility and accessibility, making it an ideal site for attracting customers and clients. The zip code is 88240. Detailed geographic coordinates are available upon request (latitude: 32.7269103, longitude: -103.1322201). This is a rare opportunity to acquire a substantial commercial lot in a prime Hobbs location. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.