Commercial Land For Sale w/Excellent Visibility

Vacant Land for Sale
Catylist Listing ID: 30287854
Property Subtypes: Retail-Pad
Gross Land Area: 1.33 Acres
Sale Price: $335,000
Unit Price: $251,879 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/18/2019

Overview / Comments

Property Highlights:
•Land Size: 1.33 Acres
•Excellent visibility plus frontage on Grimes St.
•Nearby retailers include: Walgreen's, Home Depot, Allsups, FedEx, and many others
•Potential uses include: Multifamily, office or retail.

Property Description:
Grimes Street is one of two major east/west thoroughfares in Hobbs, NM. Residential growth in the immediate area provides long term stability for potential users.

Attachments & Media

Additional Details

Nearest MSA: Hobbs
County: Lea
Tax ID/APN: 4000005252002

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,867 27,923 37,600
Median Age: 36.73 33.16 31.94
Households: 1,991 10,105 13,342


Photograph of Listing Agent

Jake Redfearn

NAI 1st Valley
Photograph of Listing Agent

Jacob Slavec

NAI 1st Valley
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Association of REALTORS® - New Mexico nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.