1219 Nadine Rd Hobbs, NM 88240
- Commercial real estate
- 10.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1219 Nadine Rd
- Year built
- 2024
- Lot size
- 10.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 10-acre commercial lot presents a remarkable investment opportunity in the thriving city of Hobbs, New Mexico. Located at 1219 E Nadine Road, this expansive property offers significant potential for a wide range of commercial ventures. The substantial acreage provides ample space for development, allowing for flexibility in design and scale. Its strategic location within Hobbs ensures high visibility and accessibility, making it an ideal site for businesses seeking a prominent presence in a dynamic market. The property's size and location make it suitable for various uses, from retail and office spaces to industrial facilities or warehousing. The absence of existing structures allows for complete customization to meet specific business needs, offering a blank canvas for ambitious development plans. This is a rare opportunity to acquire a large, well-situated commercial lot in a growing New Mexico city. The asking price of $499,999 reflects the significant value and potential of this exceptional property. Serious inquiries are encouraged to explore the possibilities and secure this prime commercial land. The property is zoned for general commercial use, providing a solid foundation for a variety of development projects. Given the size and location, this property is expected to attract considerable interest from developers and businesses seeking a strategic foothold in the Hobbs market. Don't miss this chance to acquire a substantial piece of commercial real estate in a rapidly expanding area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hobbs
- County
- Lea
- State
- New Mexico
- Longitude
- -103.122
- Latitude
- 32.6225