For Sale
$4,181,760

Hobbs, NM 88240

12 Acres, Lea County, $4.18M

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 12-acre parcel presents a remarkable investment opportunity in the rapidly expanding city of Hobbs, New Mexico, within Lea County. Located at 000 Lot 8, zip code 88240 (32.6943276, -103.1185456), this expansive lot offers unparalleled potential for diverse development projects. The property's strategic location places it in close proximity to a number of significant establishments, 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. This prime location ensures high visibility and accessibility, making it ideal for a wide range of commercial ventures. The large lot size allows for considerable flexibility in development plans, accommodating various uses such as multi-family housing, family entertainment complexes, or retail establishments. The property is highly customizable, providing developers with the freedom to tailor the project to their specific vision and needs. This is a rare opportunity to acquire a significant land holding in a thriving New Mexico community experiencing substantial growth. The asking price for this exceptional property is $4,181,760. Don't miss this chance to secure a piece of Hobbs's vibrant future.

Highlights

  • $4,181,760 asking price.
  • 12-acre land parcel.
  • Located in Hobbs, Lea County, New Mexico (zip code 88240).
  • Suitable for multi-family housing, family entertainment, or retail development.
  • Located near CORE Center, Covenant Hospital, Zia Park, Lea County Event Center, and NMJC.

Property Details

Property type
Land
Lot Size (sq. ft)
522,720 SF

Location Insight

City
Hobbs
County
Lea
State
New Mexico
Latitude
32.6943276
Longitude
-103.1185456

FAQs

What type of property is this?
Land - 12 Acres, Lea County, $4.18M
Where is the land located?
The property is located at Hobbs, NM.
What is the asking price?
The asking price for this property is $4,181,760.
What are key features of this property?
This property features: $4,181,760 asking price.; 12-acre land parcel.; Located in Hobbs, Lea County, New Mexico (zip code 88240).
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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