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    OFF-MARKET
    Land

    4 Buena Suerte Dr, Hobbs, NM 88242

    5.23 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.234-acre lot, located at Lot 4 Buena Suerte Drive in Hobbs, New Mexico, presents a unique opportunity for new construction. Situated conveniently north of Hobbs, near the Texas state line, this property offers a desirable blend of privacy and accessibility. The land is part of a larger, well-maintained farm, ensuring a level and easily landscaped site. Abundant sunshine bathes the property throughout the day. The asking price for this remarkable parcel is $259,000. The address is Lot 4 Buena Suerte Drive, Hobbs, NM 88242, within Lea County. Its convenient location provides easy access to the city's amenities while still offering the tranquility of a rural setting. The lot's size provides ample space for a substantial home and landscaping, making it ideal for those seeking a spacious and private property. This is a rare opportunity to build your dream home in a desirable location. Don't miss out on this chance to own a piece of New Mexico's beautiful landscape. The property's geographic coordinates are 32.8491984 latitude and -103.1278674 longitude.

    Property profile
    Verified
    Property type Land
    Lot 5.23 ac (227,993 SF)
    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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