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    OFF-MARKET
    Land

    0 Tbd Carlsbad Hwy, Hobbs, NM 88240

    10 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10-acre commercial land parcel presents a compelling investment opportunity in Hobbs, New Mexico. Strategically located near the Pilot Travel Center, Hobbs Airport, and the Hobbs Country Club, this property boasts significant highway frontage along Carlsbad Highway. The expansive acreage offers considerable development potential for a variety of commercial ventures, capitalizing on its high-visibility location and proximity to key amenities and transportation routes. The property's address is listed as TBD Carlsbad Hwy, Hobbs, NM 88240, within Lea County. Its precise coordinates are 32.634892 latitude and -103.5162911 longitude. The asking price for this prime commercial land is $650,000. This represents a rare chance to acquire a substantial land holding in a thriving New Mexico community with excellent access and visibility. The property's size and location make it ideal for a wide range of commercial developments, promising strong returns on investment. Serious inquiries are encouraged to explore the possibilities of this exceptional property.

    Property profile
    Verified
    Property type Land
    Lot 10 ac (435,600 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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