6100 Carlsbad Hwy, Hobbs, NM 88240
This exceptional 2.2-acre commercial lot in Hobbs, New Mexico, presents a remarkable opportunity for business development. Located at 6100 W Carlsbad Highway, in Lea County, zip code 88240 (32.6972155, -103.2148077), this property boasts significant infrastructure advantages. Two existing water wells eliminate the need for immediate well installation, saving considerable time and expense. A fully functional septic system is already in place, simplifying the permitting process and reducing upfront costs. Electricity is connected, providing immediate power access. Furthermore, the property offers convenient access to city water and sewer services, providing a comprehensive utility infrastructure. The asking price for this ready-to-develop lot is $350,000. Its strategic location and existing infrastructure make it an ideal site for a variety of commercial ventures, offering significant potential for return on investment. Prospective buyers are encouraged to conduct their own due diligence and verify all information. The property is easily accessible for viewing.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.