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    OFF-MARKET
    Land

    2 Buena Suerte Dr, Hobbs, NM 88242

    5.23 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.234-acre lot, located at Lot 2 Buena Suerte Drive in Hobbs, New Mexico, presents a unique opportunity for new construction. Situated conveniently north of Hobbs, near the Texas state line, this property offers a desirable blend of privacy and accessibility. The land is part of a larger, well-maintained farm, ensuring a level and easily buildable site with minimal site preparation needed. The existing landscaping provides a head start on creating a beautiful homesite. Enjoy abundant sunshine on this spacious lot, perfect for building your dream home. The asking price for this remarkable property is $259,000. The lot's address is Lot 2 Buena Suerte Drive, Hobbs, NM 88242, within Lea County. Its convenient location offers a balance between rural tranquility and proximity to the amenities of Hobbs. The property's size and location make it ideal for a variety of residential projects. Don't miss this chance to own a piece of desirable New Mexico land.

    Property profile
    Verified
    Property type Land
    Lot 5.23 ac (227,993 SF)
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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