Tbd Lovington HobbsArkansas Junction, NM 88240

This exceptional 29.94-acre commercial land parcel presents a significant investment opportunity in Lea County, New Mexico. Located in the Oil Center near Arkansas Junction, this property boasts a strategic location with convenient access to major transportation routes, making it ideal for a variety of commercial ventures. The expansive acreage offers ample space for development, allowing for flexibility in design and scale. The property's address is listed as TBD Lovington Hobbs, with a zip code of 88240. Situated at latitude 32.6702606 and longitude -103.4049445, this location provides excellent visibility and accessibility. The asking price for this substantial land holding is $5,868,838. Given its size and prime location within a thriving area, this property represents a rare chance to acquire a significant commercial land asset in New Mexico. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of the land for their specific commercial development plans. The property is classified as commercial land and is ready for immediate development. This presents a unique opportunity for businesses seeking a large footprint in a strategically important location. The property is zoned for commercial use. Further details regarding zoning regulations and permitted uses can be obtained through the appropriate Lea County authorities.