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4100 N Lovington Hwy 14.73 Acres of Commercial Land Offered at $3,219,935 in Hobbs, NM 88241

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INVESTMENT HIGHLIGHTS

  • High traffic count

PROPERTY FACTS

Price $3,219,935
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Carwash
  • Department Store
  • Fast Food
  • Hotel
  • Storefront
  • Storefront, Retail or Office
Total Lot Size 14.73 AC

1 LOT AVAILABLE

Lot

Price $3,219,935
Price Per AC $218,597.08
Lot Size 14.73 AC

330' of frontage along Lovington Hwy Front tract is ± 5 acres (330' x 660') Back tract is ±14.73 acres Utlit

DESCRIPTION

Introducing a remarkable investment prospect in the heart of Hobbs, New Mexico - 14.73 acres of land on Lovington Highway. This expansive parcel offers an exceptional canvas for developers seeking to create a dynamic and thriving commercial or mixed-use development. Property Highlights: Unbeatable Location: The property is conveniently situated in close proximity to some of the area's most popular establishments, including Walmart, Texas Roadhouse, McDonald's, and Verizon. This prime location ensures maximum visibility and accessibility for potential patrons and customers. Ample Space for Innovation: With a substantial land area of 14.73 acres, developers have the flexibility to design a diverse range of projects, from retail outlets and restaurants to entertainment complexes and residential communities. The property's size provides abundant space for creative design while allowing for efficient traffic flow and parking facilities. Accessibility: Lovington Highway offers excellent connectivity, ensuring easy access for both local residents and visitors. The property's location near major roadways enhances its accessibility and makes it a convenient destination for those from across the region. Utilities and Infrastructure: The site benefits from infrastructure nearby on Lovington Hwy; therefore, simplifying the development process. Whether you envision a retail center, dining precinct, mixed-use complex, or more, this property offers the canvas on which to craft your vision.

  • Listing ID: 29255293

  • Date on Market: 8/11/2023

  • Last Updated:

  • Address: 4100 N Lovington Hwy, Hobbs, NM 88241

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