502 Alto Dr Hobbs, NM 88240

Property Details for 502 Alto Dr

Lot size

0.78 lot acres

Property type

Commercial real estate

Description

This exceptional 0.78-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Hobbs, New Mexico. Located at 502 W Alto, this property boasts a prime location within Lea County, offering easy access to major transportation routes and a vibrant business community. The expansive lot size provides ample space for a variety of commercial developments, making it suitable for entrepreneurs and investors seeking to establish a new business or expand existing operations. The asking price is $170,000, representing a competitive value for a property of this size and location in a rapidly growing market. With its strategic positioning and significant development potential, this land parcel offers a unique chance to capitalize on the economic dynamism of Hobbs. The property's address is clearly identified as 502 W Alto, Hobbs, NM 88240, providing straightforward identification for potential buyers and facilitating seamless due diligence. This is a rare opportunity to acquire a substantial commercial land holding in a desirable location, offering significant long-term growth prospects. The property's geographical coordinates are 32.7171002 latitude and -103.1413044 longitude, further assisting in precise location identification. Serious inquiries are encouraged to explore this promising investment opportunity.