For Sale
$3,067,500

Navajo Dr Hobbs, NM 88240

409 Acres - Exceptional Development Potential

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This expansive 409.11-acre land parcel presents a remarkable opportunity for significant development in Hobbs, New Mexico. Located on TBD E Navajo Drive in Lea County, this property boasts a strategic location within a rapidly growing area. The substantial acreage offers unparalleled flexibility for a wide range of projects, from large-scale commercial ventures to expansive residential developments. The asking price is $3,067,500, reflecting the exceptional value and potential of this significant land holding. Given its size and location, this property is ideally suited for investors seeking substantial returns or developers looking to capitalize on the burgeoning growth in the Hobbs area. The property's zoning and permitted uses should be independently verified to ensure alignment with any specific development plans. Utilities and infrastructure access should also be independently confirmed. Detailed surveys and environmental assessments are recommended prior to any development commitment. This is a rare opportunity to acquire a large, contiguous tract of land in a prime location with significant upside potential. The property's location offers easy access to major transportation routes, further enhancing its appeal for various development scenarios. Serious inquiries are encouraged to explore the possibilities of this exceptional land investment. The property is offered as-is.

Highlights

  • 409.11-acre land parcel in Hobbs, NM, located on TBD E Navajo Drive in Lea County.
  • Asking price: $3,067,500.
  • Suitable for large-scale commercial or residential development.
  • Buyers should independently verify zoning, permitted uses, utilities, and infrastructure access.
  • Detailed surveys and environmental assessments recommended.

Property Details for 0 Navajo Dr

Property type
Land
Lot Size (sq. ft)
17,820,832 SF

Location Insight

City
Hobbs
County
Lea
State
New Mexico
Latitude
32.7384917
Longitude
-103.1132882

FAQs

What type of property is this?
Land - 409 Acres - Exceptional Development Potential
Where is the land located?
The property is located at Navajo Dr Hobbs, NM.
What is the asking price?
The asking price for this property is $3,067,500.
What are key features of this property?
This property features: 409.11-acre land parcel in Hobbs, NM, located on TBD E Navajo Drive in Lea County.; Asking price: $3,067,500.; Suitable for large-scale commercial or residential development.
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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0 Navajo Dr
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