0 Bender Blvd Hobbs, NM 88240
This exceptional 36,900 square foot lot presents a unique investment opportunity in Hobbs, New Mexico. Located at TBD E Bender in Lea County, zip code 88240 (latitude 32.7256993, longitude -103.1175314), this special purpose property boasts a prime location with high visibility, making it ideal for a wide range of commercial ventures. The asking price is $245,000. The expansive lot size offers endless possibilities for new businesses seeking a prominent presence in a thriving area. Its strategic location ensures maximum exposure to potential customers and significant foot traffic. This property is a blank canvas, ready for your vision and entrepreneurial spirit. The high visibility afforded by this location is a key advantage for businesses seeking to establish a strong brand presence and attract a large customer base. Given its size and location, this property represents a rare opportunity to acquire a significant commercial parcel in a desirable area of Hobbs, NM. Don't miss this chance to secure a prime piece of real estate with exceptional potential for growth and profitability. The property is classified as special purpose, offering flexibility for various commercial uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.