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    Land

    0 Meadowbrook St, Hobbs, NM 88242

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    Property summary
    AI-generated overview

    This exceptional opportunity presents three buildable lots ideally situated near the serene Green Meadows Lake in Hobbs, New Mexico. Located on TBD N Meadowbrook Street, 88242, this land offers a fantastic chance to construct your dream home in a desirable location. The property is priced affordably at $135,000, representing excellent value for three individual lots. The proximity to Green Meadows Lake provides a tranquil and picturesque setting, enhancing the overall appeal and desirability of this location. This is an exceptional opportunity for those seeking to build in a peaceful yet convenient area. The lots are ready for development, allowing for immediate commencement of construction. Buyers are encouraged to conduct their own due diligence regarding zoning, utilities, and building permits. The precise lot sizes and boundaries should be verified independently through Lea County records. Don't miss this chance to secure your piece of land in this sought-after Hobbs neighborhood. This property is perfect for those looking to build a new home in a beautiful and convenient location. The address is listed as TBD N Meadowbrook Street, Hobbs, NM 88242.

    Property profile
    Verified
    Property type Land
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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