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    OFF-MARKET
    Land

    411 St Anne Pl, Hobbs, NM 88240

    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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