1500 Block Of N Marland 72 Acres of Commercial Land Offered at $3,023,969 CAD in Hobbs, NM 88240

INVESTMENT HIGHLIGHTS

  • Heavy highway traffic for Commercial Development
  • Level land
  • Close to High School and perfect for new Residential Development

EXECUTIVE SUMMARY

UPDATE NOTE: A portion of the commercial frontage is now under contract.

PROPERTY FACTS

Price $3,023,969 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Single Family Development
Total Lot Size 72.00 AC

1 LOT AVAILABLE

Lot

Price $3,023,969 CAD
Price Per AC $41,999.57 CAD
Lot Size 72.00 AC

Great location for development of Residential & Commercial. Commercial frontage on Marland (Seminole Highway in Hobbs). Located close to Hobbs High, adjacent to business district, close to Ziaplex softball field. High traffic location. See Update

DESCRIPTION

Great location for development of Residential & Commercial. Commercial frontage on Marland (Seminole Highway in Hobbs). Located close to Hobbs High, adjacent to business district, close to Ziaplex softball field. High traffic location on highway to and from Texas & NM. This property is in line for the next residential development project as well as the excellent commercial frontage development.

PROPERTY TAXES

  • Listing ID: 29991837

  • Date on Market: 2023-11-07

  • Last Updated:

  • Address: 1500 Block Of N Marland, Hobbs, NM 88240