1203 Cambridge St Arkansas Junction, NM 88240
This exceptional 14,374.8 square foot lot presents a unique opportunity for development in the desirable Hobbs, New Mexico area. Situated at 1203 W Cambridge Street, this property is conveniently located just north of Brittany in the established Westminster Hollow neighborhood, offering a blend of convenience and tranquility. The lot is ready for construction, providing a blank canvas for your vision. Detailed restrictive covenants are available for review in the associated documents, ensuring a cohesive and well-maintained community. The property's address is 1203 W Cambridge Street, Hobbs, NM 88240, within Lea County. Its precise coordinates are latitude 32.6702606 and longitude -103.4049445. This prime piece of land is offered at an attractive asking price of $120,155, making it an ideal investment for builders or developers seeking a well-situated lot in a thriving New Mexico community. The expansive lot size provides ample space for a variety of residential or commercial projects, allowing for creative design and development possibilities. Don't miss this chance to acquire a valuable piece of land in a sought-after location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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