For Sale
$566,280

Arkansas Junction, NM 88240

Prime Lea County land, ideal for development.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
133
This 1.3-acre lot, identified as Lot 15, is located in Hobbs, New Mexico, within Lea County, zip code 88240 (latitude 32.6702606, longitude -103.4049445). The asking price for this property is $566,280. Situated in a rapidly expanding area, this parcel offers exceptional potential for various commercial ventures. Its strategic location places it near significant facilities, including the CORE Center of Recreational Excellence, the new Covenant Hospital, Zia Park Racetrack and Casino, the Lea County Event Center, and New Mexico Junior College. The property is conveniently positioned within a developing area, just west of a planned City Sports complex, City Park, and pond. This advantageous location makes it suitable for a range of commercial uses, such as retail establishments, office parks, or childcare facilities. The property is part of a larger land offering, with other adjacent lots also available. This presents a unique opportunity for investors and developers seeking a prime location in a thriving New Mexico community. The property is classified as land and is not accompanied by any existing buildings or structures.

Highlights

  • $566,280 asking price.
  • 1.3-acre land parcel.
  • Located in Hobbs, Lea County, New Mexico.
  • Excellent potential for retail, office, or childcare development.
  • Situated near CORE Center, Covenant Hospital, Zia Park, and other amenities.

Property Details

Property type
Land
Lot Size (sq. ft)
56,628 SF

Location Insight

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

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FAQs

What type of property is this?
Land - Prime Lea County land, ideal for development.
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 $566,280.
What are key features of this property?
This property features: $566,280 asking price.; 1.3-acre land parcel.; Located in Hobbs, Lea County, New Mexico.
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.
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(575) 433-7000

Contacts

Kali Taylor
Kali Taylor
Visit Broker Website

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Arkansas Junction, NM 88240

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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    Kali Taylor
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