0 Tbd BraniffArkansas Junction, NM 88240

This exceptional 53.8-acre property presents a remarkable opportunity for diverse development in rapidly growing north Hobbs, New Mexico. Located between Kansas and Alabama streets, this land offers significant potential for residential or commercial projects. The asking price is $400,000, translating to $7,434 per acre. The property's versatility is enhanced by its previous use as dryland farmland, now vacant and ready for redevelopment. While currently accessed via Matt Drive off Alabama Street or Braniff Street off Kansas Street, several potential access points exist from both Kansas and Alabama streets. One corner of the property features a small caliche pit. Hobbs's expanding northern sector experiences a high demand for housing, making this land particularly attractive for residential development. Alternatively, the site's characteristics also lend themselves to commercial ventures, such as oilfield service company yards, given the area's needs. This prime location in Lea County, with a zip code of 88240, offers easy access to key transportation routes and existing infrastructure. The property's size and location make it an ideal investment for developers seeking to capitalize on Hobbs's robust growth trajectory. The coordinates are 32.788938 latitude and -103.190222 longitude. This is a rare opportunity to acquire a substantial tract of land in a high-growth area.