+/- 24 acres of prime land on the Lovington Hwy features highway frontage and is located near a high traffic intersection! This high traffic location is vastly growing with commercial development! The neighboring land is Covenant Hospital and right across the street is the Center of Recreational Excellence (CORE) along with Zia Park Casino, Lea County Event Center, New Mexico Junior College, and much more. This +/- 24 acres parcel has three potential access points and a variety of options for development from multi-family, residential, commercial, or a combination of several options. Call for more details!
Lot/land
$8,364,000
Lovington Hwy, Hobbs, NM 88240
--beds
--baths
24Acres
Unimproved Land
Built in ----
24 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 463 days |
- 28 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: September 02, 2025 at 06:54am
Listed by:
Jennifer Contreras 575-390-1622,
Edge Realty Group 575-392-1000
Source: New Mexico MLS,MLS#: 20245177
Facts & features
Property
Lot
- Size: 24 Acres
- Features: Irregular Lot
Details
- Parcel number: 4900513180510
Utilities & green energy
- Electric: Near-Site
- Sewer: City, Near-Site
- Water: Public, City, Near-Site
- Utilities for property: Natural Gas Not Available, Electricity Connected, Sewer Available, Water Available
Community & HOA
HOA
- Has HOA: Yes
Location
- Region: Hobbs
Financial & listing details
- Annual tax amount: $95,095
- Date on market: 9/4/2024
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2025 | Listed for sale | $8,364,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 88240
Nearby schools
GreatSchools rating
- 6/10College Lane Elementary SchoolGrades: K-5Distance: 1.3 mi
- 3/10Houston Junior High SchoolGrades: 6-9Distance: 4.2 mi
- 8/10Hobbs High SchoolGrades: 9-12Distance: 4.2 mi
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