For Sale
$325,000

10576 Stiles Rd Hobbs, NM 88242

5-Acre Commercial Lot w/ Shop Building

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional 5-acre commercial property in Hobbs, New Mexico, presents a compelling investment opportunity. Located at 10576 W Stiles Road, this strategically positioned land boasts excellent frontage on Lovington Highway, ensuring high visibility for any business. The property includes a substantial 5,000 square foot shop building constructed in 2003, currently utilized as a mechanic repair shop. This versatile space offers significant potential for a variety of commercial uses. The entire property is fully enclosed by a durable metal fence, enhancing security and privacy. Adding to its income potential, the property features two existing billboard signs, providing an additional revenue stream. The property's location in Lea County, New Mexico, zip code 88242, offers easy access to major transportation routes and a thriving local economy. With its prime location, existing infrastructure, and multiple income streams, this property is an ideal investment for entrepreneurs and savvy investors seeking a high-return opportunity in a growing market. The asking price is $325,000. Coordinates: 32.8571907, -103.2738107.

Highlights

  • $325,000 asking price.
  • 5-acre commercial land parcel.
  • Located in Hobbs, NM, at 10576 W Stiles Road.
  • Includes a 5,000 sq ft shop built in 2003.
  • Currently used as a mechanic repair shop, offering high potential for various businesses.
  • Features metal fencing and two billboard signs for additional income opportunities.

Property Details for 10576 Stiles Rd

Property type
Land
Year Built
2003
Lot Size (sq. ft)
217,800 SF

Location Insight

City
Hobbs
County
Lea
State
New Mexico
Latitude
32.8571907
Longitude
-103.2738107

FAQs

What type of property is this?
Land - 5-Acre Commercial Lot w/ Shop Building
Where is the land located?
The property is located at 10576 Stiles Rd Hobbs, NM.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: $325,000 asking price.; 5-acre commercial land parcel.; Located in Hobbs, NM, at 10576 W Stiles Road.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
10576 Stiles Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message