502 Alto St Hobbs, NM 88240

This exceptional 33,976.8 square foot commercial land parcel in Hobbs, New Mexico, presents a unique investment opportunity. Located at 502 W Alto Street in Lea County, zip code 88240, this property offers significant potential for various commercial developments or multi-family residential construction. The lot size is slightly over three-quarters of an acre, providing ample space for ambitious projects. Convenient access is ensured via a dedicated 30-foot easement situated on the west side of the property. City utilities are readily available in close proximity to the site, simplifying infrastructure connections. The asking price for this prime piece of land is $160,000. A notable feature is the owner's willingness to consider owner financing options for qualified buyers, subject to an acceptable down payment. Please note that a dedicated easement of record is in place for this property. This is a rare chance to acquire a sizable, well-located lot in a growing area. Serious inquiries are encouraged.