300 E Navajo Dr Hobbs, NM 88240
- Commercial real estate
- 2.22 lot acres
Current Use by Public Records
- Aztec Storage Containers / Container Supplier
- Navajo Equipment LLC / Rental
- Lawn Patrol / Lawn Care Service
Property Details for 300 E Navajo Dr
- Lot size
- 2.22 lot acres
- Property type
- Commercial real estate
Description
This exceptional 2.22-acre land parcel presents a compelling investment opportunity in the thriving city of Hobbs, New Mexico. Strategically located on the bustling Navajo Drive, this property boasts convenient access to essential city utilities, making it ideally suited for a variety of commercial developments. The expansive lot size offers ample space for ambitious projects, while its prime location ensures high visibility and accessibility. The asking price is $550,000, and the seller is open to owner financing, making this an attractive proposition for buyers seeking flexible payment options. Situated in Lea County, New Mexico, with the address 300 E Navajo Drive, zip code 88240, and coordinates 32.741261 latitude and -103.133357 longitude, this property offers significant potential for growth and return on investment. The readily available city utilities simplify development plans, reducing upfront costs and accelerating project timelines. Given its size and location, this land is well-positioned to capitalize on the robust economic activity in Hobbs. Serious inquiries are encouraged to explore the possibilities of this remarkable commercial land opportunity. Don't miss this chance to acquire a prime piece of real estate in a dynamic and growing market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hobbs
- County
- Lea
- State
- New Mexico
- Longitude
- -103.133357
- Latitude
- 32.741261
