Property summary
This exceptional 1.77-acre commercial land parcel, located at 2201 W Marland Boulevard in Hobbs, New Mexico, presents a unique investment opportunity. Previously home to the well-known J&R Goodies, this property boasts significant potential for redevelopment. The expansive lot offers ample space for a variety of commercial ventures, particularly those requiring substantial storage or outdoor space. Its strategic location on West Marland Boulevard ensures high visibility and accessibility. The property's zoning allows for a wide range of uses, making it suitable for restaurants, retail establishments, or other commercial developments. A notable feature is the existing infrastructure at the rear of the property, currently accommodating fourteen recreational vehicles. This could be repurposed or leveraged as part of a future development plan. The asking price for this prime commercial land is $750,000. The property is situated in Lea County, New Mexico, with a zip code of 88240. Its geographic coordinates are 32.6963281 latitude and -103.1622665 longitude. This is a rare opportunity to acquire a substantial commercial property in a thriving New Mexico city. Serious inquiries are encouraged to explore the possibilities of this remarkable site.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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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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