0Hobbs, NM 88240

Property Details

Lot size

12.00 AC

Property type

Land

Description

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.

Location Insight

City

Hobbs

County

Lea

State

New Mexico

Latitude

32.6943

Longitude

-103.119

FAQs

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