0 Rash RdHobbs, NM 88240

Property Details for 0 Rash Rd

Year built

1979

Lot size

1.43 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 1.431-acre commercial land parcel presents a unique investment opportunity in Hobbs, New Mexico. Located at TBD S Rash Road, zip code 88240, this property boasts a fully fenced yard, ideal for various commercial uses. Built in 1979, the land offers convenient access to key transportation routes, including easy access to Marland and Carlsbad Highway (US Highway 62), ensuring excellent connectivity for businesses. The property's location within Lea County provides access to a thriving local economy and a strategic position for regional operations. The expansive lot size provides ample space for development or expansion, making it suitable for a wide range of commercial ventures. This property is priced competitively at $150,000, representing a compelling value proposition for discerning investors seeking a well-situated commercial land asset in a dynamic New Mexico market. The property's existing fencing adds immediate utility and security, reducing initial setup costs for potential buyers. Its strategic location and size make it an attractive option for businesses seeking a prominent presence in Hobbs. The coordinates for this property are 32.6934849 latitude and -103.1644156 longitude. This is a rare opportunity to acquire a sizable, well-located commercial land parcel in a growing area.

Location Insight

City

Hobbs

County

Lea

State

New Mexico

Latitude

32.6935

Longitude

-103.164

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