For Sale
$5,868,838

Tbd Lovington Hwy Hobbs, NM 88240

29.94 Acres, Excellent Highway Access

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 29.94-acre land parcel presents a remarkable investment opportunity in Hobbs, New Mexico. Strategically located along the Lovington Highway in Lea County, this property boasts approximately 1368.20 feet of valuable highway frontage, offering unparalleled visibility and accessibility. The expansive acreage provides ample space for a wide range of development possibilities, making it ideal for commercial ventures requiring significant land area and high traffic exposure. The property's location in Hobbs, a thriving city in southeastern New Mexico, ensures proximity to a robust infrastructure and a growing population. With its prime location and substantial size, this land parcel represents a unique chance to capitalize on the area's economic growth and create a significant return on investment. The address is listed as TBD Lovington Highway, Hobbs, NM 88240. The asking price for this exceptional property is $5,868,838. Detailed site surveys and environmental assessments are recommended for prospective buyers to fully understand the development potential and any associated considerations. This is a rare opportunity to acquire a large tract of land with significant highway frontage in a dynamic New Mexico market. Serious inquiries are encouraged.

Highlights

  • $5,868,838 asking price.
  • 29.94-acre land parcel.
  • Located in Hobbs, Lea County, New Mexico, zip code 88240.
  • Address: TBD Lovington Highway.
  • Approximately 1368.20 feet of highway frontage.

Property Details for 0 Tbd Lovington Hwy

Property type
Land
Lot Size (sq. ft)
1,304,186 SF

Location Insight

City
Hobbs
County
Lea
State
New Mexico
Latitude
32.7901498
Longitude
-103.2097478

FAQs

What type of property is this?
Land - 29.94 Acres, Excellent Highway Access
Where is the land located?
The property is located at Tbd Lovington Hwy Hobbs, NM.
What is the asking price?
The asking price for this property is $5,868,838.
What are key features of this property?
This property features: $5,868,838 asking price.; 29.94-acre land parcel.; Located in Hobbs, Lea County, New Mexico, zip code 88240.
How can I contact the broker?
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0 Tbd Lovington Hwy
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