Property summary
This exceptional 1.5-acre parcel of land presents a remarkable opportunity for investors and developers alike. Located in Hobbs, New Mexico, specifically on TBD N Calle Alto Street, in Lea County, zip code 88242, this property offers significant potential. The land is situated north of the city of Hobbs, providing a convenient yet slightly removed location. With its generous 1.5-acre size, the possibilities are vast, ranging from residential development to commercial ventures. The property's address is listed as TBD N Calle Alto Street, indicating that the exact street number is yet to be assigned. The geographical coordinates are 32.8512468 latitude and -103.1406924 longitude, allowing for precise location identification. This property is being offered at an attractive asking price of $65,000. Given its size and location, this represents a compelling investment opportunity in a growing area of New Mexico. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. The property is classified as vacant land, providing a blank canvas for future development. Further details regarding zoning and permitted uses are available upon request. Don't miss this chance to acquire a substantial piece of land in a desirable location.
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
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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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