Property summary
This exceptional 33,976.8 square foot lot is located in Hobbs, New Mexico, in Lea County, at the address TBD Catclaw Drive, zip code 88242. The property is designated as land and presents a significant opportunity for development. Its expansive size offers considerable flexibility for various projects. The asking price for this property is $59,000, and owner financing is available, making it an attractive investment prospect. The property's coordinates are 32.8287524 latitude and -103.0813467 longitude. This location in Hobbs, NM offers access to local amenities and infrastructure. The lot's size makes it suitable for a range of commercial or residential developments, subject to local zoning regulations and permitting requirements. Prospective buyers should conduct their own due diligence to assess the suitability of the land for their intended purpose. The availability of owner financing simplifies the acquisition process, making this a compelling opportunity for investors seeking a strategic land acquisition in a growing New Mexico market. Serious inquiries are encouraged to explore this promising investment further.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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