0 Tbd Lovington HwyHobbs, NM 88240

Property Details for 0 Tbd Lovington Hwy

Lot size

29.94 AC

Property type

Land

Description

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.

Location Insight

City

Hobbs

County

Lea

State

New Mexico

Latitude

32.7901

Longitude

-103.21

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