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1500 Block Of N Marland

72 Acres of Commercial Land Offered at $2,179,500 in Hobbs, NM 88240

Commercial Land New Mexico Hobbs 1500 Block Of N Marland, 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 $2,179,500 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Single Family Development
No. Lots 1 Total Lot Size 72.00 AC
Property Type Land
Price $2,179,500
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 $2,179,500 Lot Size 72.00 AC
Price Per AC $30,271
Price $2,179,500
Price Per AC $30,271
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.

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PROPERTY TAXES

Parcel Number 4980205150513 Improvements Assessment $0
Land Assessment $134,724 Total Assessment $134,724

PROPERTY TAXES

Parcel Number
4980205150513
Land Assessment
$134,724
Improvements Assessment
$0
Total Assessment
$134,724
(575) 420-6300

  • Listing ID: 29991837

  • Date on Market: 11/7/2023

  • Last Updated:

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

More public record information on 1500 Block Of N Marland, Hobbs, NM 88240

The Land Property at 1500 Block Of N Marland, Hobbs, NM 88240 is currently available For Sale. Contact Berkshire Hathaway Enchanted Lands Realtors for more information.

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1500 Block Of N Marland
(575) 420-6300 x

1500 Block Of N Marland

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Bill Davis

(575) 420-6300

(575) 420-6300

Annabel Horne

(575) 390-7006

(575) 390-7006

Michelle Cortez

(575) 392-7777

(575) 392-7777

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