TBD Stanolind Street

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TBD Stanolind Street

Hobbs, NM 88240
Asking Price
$150K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel spans 10 acres for development
  • Available for purchase at an asking price of 150000 dollars
  • Located in Hobbs, New Mexico within the Permian Basin
  • Property is well-suited for diverse commercial or industrial applications
  • Strategic site located near established regional energy industry operations

What's Special

This commercial land acquisition in Hobbs, New Mexico, presents a viable option for investors and developers seeking a strategic foothold in a growing regional market. Situated on 10 acres, the site provides substantial space for various commercial or industrial development initiatives. The property is positioned within the Permian Basin, a region characterized by its significant role in the national energy sector and ongoing economic activity, making it a functional choice for businesses supporting local operations or regional logistics. The expansive parcel size allows for flexible site planning, accommodating potential warehouse storage, yard space, or specialized commercial facilities suited to the local economy. Buyers seeking raw land in a well-established industrial hub will find this site offers the necessary footprint for long-term project development in a stable market environment.

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NOI
$80,000
Cap Rate
53.33%
DSCR
8.98
Strong
Cash-on-Cash
157.99%
Monthly Payment
$742.118
Annual Cash Flow
$71,094.582

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