0 Navajo Dr Hobbs, WY 82240
This exceptional 8.64-acre land parcel presents a remarkable investment opportunity in Hobbs, Wyoming. Located on TBD E Navajo Drive, this property boasts a prime corner location on a busy bypass, ensuring high visibility and accessibility. The expansive lot size offers significant potential for a variety of development projects, catering to diverse needs and visions. Its strategic placement within the thriving community of Hobbs, situated in Lea County, Wyoming, with a zip code of 82240, makes it an ideal location for businesses seeking high traffic exposure or developers looking to capitalize on the area's growth. The asking price for this exceptional property is $2,446,327. Given its size, location, and potential, this land represents a rare chance to acquire a significant asset in a dynamic market. The property's address is listed as TBD E Navajo Drive, Hobbs, WY 82240. Serious inquiries are encouraged to explore the possibilities this prime location offers. The property is classified as land and is ready for immediate development. The substantial acreage provides ample space for a wide range of commercial or residential projects. This is a unique opportunity to secure a substantial land holding in a rapidly developing area. The high traffic volume of the bypass ensures maximum exposure for any future development. Don't miss this chance to acquire this valuable piece of land in a prime location.
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
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.