Marr St Arkansas Junction, NM 88240
- Land
- 2.29 lot acres
Current Use by Public Records
- Land
Property Details for 0 Marr St
- Lot size
- 2.29 lot acres
- Property type
- Land
Description
This exceptional 2.29-acre lot presents a fantastic opportunity in Hobbs, New Mexico. Located north of town on TBD W Marr Street in Lea County, this property offers significant potential for various uses. Priced affordably at $120,000, it's an ideal investment for those seeking land in a convenient location. The property is conveniently situated near existing infrastructure, with a water well, septic system, and electricity already available, saving you considerable time and expense on initial development. Mobile homes are permitted on the lot, making it a practical choice for residential development or a potential rental property. An adjacent lot is also available for purchase, expanding the total acreage to 4.5 acres for those seeking a larger footprint. The property's address is listed as TBD W Marr Street, Hobbs, NM 88240, with GPS coordinates of 32.6702606 latitude and -103.4049445 longitude. This is a rare opportunity to acquire a ready-to-develop parcel in a desirable area. Don't miss out on this chance to secure your piece of New Mexico.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arkansas Junction
- County
- Lea
- State
- New Mexico
- Longitude
- -103.405
- Latitude
- 32.6703
