0 SideHobbs, NM 88240

This exceptional 12.87-acre commercial land parcel presents a remarkable investment opportunity in Hobbs, New Mexico. Located on Millen, this property boasts significant frontage along a curved section of the road, offering excellent visibility and accessibility. The zoning allows for a variety of commercial uses, making it ideal for developers seeking to build multi-family residential units or establish a restaurant. The expansive lot size provides ample space for large-scale projects, ensuring significant potential for return on investment. Situated in Lea County, with a zip code of 88240, this property benefits from its strategic location within the thriving Hobbs community. The coordinates are 32.7548334 latitude and -103.1781891 longitude. This is a rare opportunity to acquire a substantial tract of land in a desirable area, poised for significant growth and development. The asking price for this exceptional property is $2,409,302. Serious inquiries are encouraged to explore the possibilities this prime commercial land offers. The property is designated as "TBD Tract Two Millen (South Side)" and is ready for development. This is a blank canvas for your next commercial venture. Don't miss this chance to secure a piece of Hobbs's vibrant commercial landscape.