Lovington Hwy Hobbs, NM 88240
- Land
- 2.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Lovington Hwy
- Lot size
- 2.00 lot acres
- Property type
- Land
Description
This exceptional 2-acre commercial land parcel presents a unique investment opportunity in the thriving city of Hobbs, New Mexico. Strategically located on N Lovington Highway, this property boasts approximately 240 feet of prime highway frontage, ensuring high visibility and accessibility for any commercial venture. The expansive lot size offers ample space for development, allowing for flexibility in design and construction plans. The property's location within Lea County, New Mexico, provides easy access to major transportation routes and a robust local economy. Utilities are readily available, with electricity conveniently located nearby, simplifying the development process and reducing initial infrastructure costs. This prime commercial land is ideal for a wide range of businesses seeking a high-profile location with significant visibility and ample space for growth. The asking price of $125,000 represents a compelling investment opportunity in a dynamic and growing market. Don't miss this chance to secure a valuable piece of commercial real estate in Hobbs, NM. The property is zoned for commercial use (verification of zoning with local authorities is recommended). The address is TBD N Lovington Highway, Hobbs, NM 88240. Latitude and longitude coordinates are 32.7901498, -103.2097478.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hobbs
- County
- Lea
- State
- New Mexico
- Longitude
- -103.21
- Latitude
- 32.7901
