0 Meadowbrook St, Hobbs, NM 88242
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.
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
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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.