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    OFF-MARKET
    Commercial real estate

    6100 Carlsbad Hwy, Hobbs, NM 88240

    2.2 ac lot
    Property ID
    US61-0647122
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2.2 ac (95,832 SF)
    UPID US61-0647122
    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
    Current use
    Occupant on record · Public records
    • Car Rental Hobbs Car Rental Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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