Property profile

0 Meadowbrook St Hobbs, NM 88242

OFF-MARKET
Land
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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

Location

Meadowbrook St Hobbs, NM 88242
Hobbs metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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