For Sale
$609,840

Arkansas Junction, NM 88240

Prime Lea County development land. Excellent location, near major facilities.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
133
This 1.4-acre lot, identified as Lot 16, is located in Hobbs, New Mexico, within Lea County (zip code 88240). Offered at $609,840, this property presents a significant opportunity for developers. The land is situated in a rapidly expanding area, offering convenient access to numerous established amenities. Nearby key facilities include the CORE Center of Recreational Excellence, the new Covenant Hospital, Zia Park Racetrack and Casino, Lea County Event Center, and New Mexico Junior College (NMJC). The lot's strategic interior location within the development places it just west of the planned City Sports complex, City Park, and a pond. This prime location makes it highly suitable for a variety of commercial developments, including but not limited to retail spaces, office parks, and childcare facilities. The property's proximity to established infrastructure and significant community assets makes it an attractive investment for those seeking to capitalize on the growth of this dynamic area of Lea County. The coordinates for this property are 32.6702606 latitude and -103.4049445 longitude.

Highlights

  • 1.4-acre lot (Lot 16) in Hobbs, NM (zip code 88240), priced at $609,840.
  • Located in a rapidly growing area with convenient access to amenities including the CORE Center, Covenant Hospital, Zia Park, Lea County Event Center, and NMJC.
  • Strategically positioned west of planned City Sports complex, City Park, and a pond, ideal for retail, office, or childcare development.
  • Prime location near established infrastructure, making it an attractive investment opportunity.

Property Details

Property type
Land
Lot Size (sq. ft)
60,984 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 development land. Excellent location, near major facilities.
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 $609,840.
What are key features of this property?
This property features: 1.4-acre lot (Lot 16) in Hobbs, NM (zip code 88240), priced at $609,840.; Located in a rapidly growing area with convenient access to amenities including the CORE Center, Covenant Hospital, Zia Park, Lea County Event Center, and NMJC.; Strategically positioned west of planned City Sports complex, City Park, and a pond, ideal for retail, office, or childcare 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.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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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.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

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    Kali Taylor
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