Central Ave Hobbs, NM 88240

Property Details for 0 Central Ave

Lot size

1.21 lot acres

Property type

Land

Property subtype

Retail space

Description

This exceptional 1.21-acre commercial pad site presents a unique investment opportunity in a thriving Hobbs, New Mexico trade area. Located at the northeast quadrant of Joe Harvey Boulevard and North Central Avenue, this property boasts a prime location within Lea County, zip code 88240 (APN: 4930411125506). The site is zoned for commercial use, making it ideal for a variety of development projects. The surrounding area features a robust mix of retail establishments, hotels, and a high daytime population, ensuring strong potential for any business. Hobbs' strategic location, just seven miles from the Texas/New Mexico border, serves a wide regional customer base. The area's high average income, exceeding $77,000 per household in the county, further underscores the market's strength. This property's proximity to significant amenities adds to its appeal. It's minutes away from the EnergyPlex Park, a 9,000-acre industrial complex supporting 25 industries and 5 airports. The Lea County Event Center, one of the state's largest, hosts approximately 150 events monthly. Nearby attractions include the Zia Park Casino, a 154-room hotel, horse racing track, restaurants, and the Ocotillo Golf Course. The presence of New Mexico Junior College, with over 3,200 students and 250 full-time employees, provides a substantial local workforce and consumer base. This pad site offers unparalleled access to a dynamic and growing market, making it an exceptional opportunity for commercial development.

Location Insight

City

Hobbs

County

Lea

State

New Mexico

Longitude

-103.15

Latitude

32.7408