Property profile

4901 Seminole Hwy Hobbs, NM 88240

OFF-MARKET
Land
Property ID
US61-0450896
5.02 ac lot
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Property summary

AI-generated overview

This exceptional 5.024-acre parcel of land presents a remarkable investment opportunity in the thriving city of Hobbs, New Mexico. Located at 4901 Seminole Hwy, this property boasts significant frontage, making it ideally suited for a variety of commercial ventures. The expansive lot size offers ample space for development, allowing for flexibility in design and construction plans. Situated in Lea County, with a zip code of 88240, this location provides easy access to major transportation routes and a robust local economy. The asking price for this prime commercial land is $300,000. Given its size, location, and potential, this property represents a rare chance to acquire a significant piece of commercial real estate in a rapidly growing area. The property's strategic positioning offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in Hobbs. Don't miss this chance to secure a valuable asset in a dynamic market. The coordinates for this property are 32.7259166 latitude and -103.0724726 longitude. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 5.02 ac (218,845 SF)
UPID US61-0450896

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4901 Seminole Hwy Hobbs, NM 88240
Hobbs metro
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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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