Check out this prime commercial 4.2 Acres +/- tract of land. This triangular shaped property is located on the Hobbs-Lovington Highway with approximately 650 feet +/- frontage on World Drive. Located on the east side of Highway 18 North across from the entrance to Rock Wind Golf Complex, Harry McAdams Park, Hobbs Industrial Air Park and other commercial properties. Price has been modified from the original listing amount.
LOCATED DIRECTLY NORTH OF 502 W Alto. Easement located on the West side of 502 W Alto for access. 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.
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Hobbs is located in New Mexico. Hobbs, New Mexico has a population of 39,476. Hobbs is less family-centric than the surrounding county with 36.62% 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 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 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.
