For Sale
$871,200

Arkansas Junction, NM 88240

Two-acre commercial lot in booming Lea County.

Overview

Added:
Dec 11, 2024
Days on market:
120
This exceptional 2-acre commercial land parcel, identified as Lot 13, presents a remarkable investment opportunity in the rapidly expanding Hobbs, New Mexico market. Located in Lea County, this property boasts a strategic position within a thriving area, surrounded by significant developments. Proximity to key amenities such as the CORE Center of Recreational Excellence, the new Covenant Hospital, Zia Park Racetrack and Casino, Lea County Event Center, and New Mexico Junior College (NMJC) ensures high visibility and accessibility. The lot is ideally situated on the interior of a planned development, just west of a projected City Sports complex, City Park, and pond, offering excellent potential for a variety of commercial uses. The asking price for this prime property is $871,200. This location is particularly well-suited for developments such as retail spaces, office parks, or childcare facilities, among other possibilities. The property's size and location within this dynamic growth area make it an attractive proposition for investors seeking significant returns. The address is 000 Lot 13, Hobbs, NM 88240, with GPS coordinates of 32.6702606 latitude and -103.4049445 longitude. This is a rare opportunity to acquire a substantial land parcel in a high-growth area with exceptional potential for future development and profitability.

Highlights

  • 2-acre commercial lot (Lot 13) in Hobbs, NM, Lea County.
  • Prime location near CORE Center, Covenant Hospital, Zia Park, Lea County Event Center, and NMJC, offering high visibility and accessibility.
  • Situated within a planned development, west of a future sports complex, city park, and pond.
  • Asking price: $871,200.
  • Ideal for retail, office, or childcare facilities.
  • Address: 000 Lot 13, Hobbs, NM 88240 (32.6702606, -103.4049445).

Property Details

Property type
Land
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Arkansas Junction
County
Lea
State
New Mexico
Latitude
32.6702606
Longitude
-103.4049445
Arkansas Junction, New Mexico

FAQs

What type of property is this?
Land - Two-acre commercial lot in booming Lea County.
Where is the land located?
The property is located at Arkansas Junction, NM.
What is the asking price?
The asking price for this property is $871,200.
What are key features of this property?
This property features: 2-acre commercial lot (Lot 13) in Hobbs, NM, Lea County.; Prime location near CORE Center, Covenant Hospital, Zia Park, Lea County Event Center, and NMJC, offering high visibility and accessibility.; Situated within a planned development, west of a future sports complex, city park, and pond.
How can I contact the broker?
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