Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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