Looking to build in a well-established area? These lots are just in Westminster Hollow. Restrictive Covenants are included in Associated Docs.
HIGH TRAFFIC AREA WITH GREAT VISIBILITY! 2.30+- acres located on the heavily traveled Lovington Highway. South of the new Covenant Hospital, along with multiple hotels, Zia Park Casino and the Core Family Wellness Center. Multiple uses: retail, offices, medical, restaurants.
PRIME CORNER LAND FOR LOTS OF DIFFERENT DEVELOPMENT ON THE BUSY BYPASS INTO HOBBS, NM.
Approximately 1368.20' of highway frontage per customer.
This tract of land has exceptional possibilities for commercial development or multi house new construction; access to the tract is via a 30' easement located on the west side of the property; land size is a little over 3/4 of an acre with city utilities near the site. Owner will consider "Owner Financing" with an acceptable down payment. Contact listing agent for details. THERE IS A DEDICATED EASEMENT OF RECORD ON THIS PROPERTY.
8.8579 acres frontage on Millen perfect for retail, restaurant or office space!
12.87 acres frontage off of the curve on Millen. Great location for Multi-family or restaurant.
10.99 acres right on Millen. Great site for multi-family application.
10.53 acres great frontage on Millen right next to the new Covenant site. Perfect for Retail, shopping center, restaurant or office space.
The median home value in Hobbs, NM is $157,100. This is higher than the county median home value of $149,700. The national median home value is $338,100. The average price of homes sold in Hobbs, NM is $157,100. Approximately 53.58% of Hobbs homes are owned, compared to 34.18% rented, while 12.24% are vacant. Hobbs real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hobbs real estate agent to arrange a tour today!
Hobbs, New Mexico 88240 has a population of 39,476. Hobbs 88240 is less family-centric than the surrounding county with 36.66% of the households containing married families with children. The county average for households married with children is 36.8%.
The median household income in Hobbs, New Mexico 88240 is $59,232. The median household income for the surrounding county is $62,319 compared to the national median of $69,021. The median age of people living in Hobbs 88240 is 30.4 years.
The average high temperature in July is 93.4 degrees, with an average low temperature in January of 28.7 degrees. The average rainfall is approximately 16.5 inches per year, with 3.1 inches of snow per year.