$300,000
$296K PRICE INCREASE

414 E Arco Rd Hobbs, NM 88240

Hobbs Area

Estimated payment $2,018/month

Total Views 46,085
4.34 Acres
$69,124 Price per Acre
189,050 Sq Ft Lot

About This Lot

4.34 acre industrial/commercial site in Hobbs, New Mexico, offering exceptional flexibility for an owner-user, tenant, or company seeking a custom facility in the Permian Basin. The property is available for sale, lease, or build-to-suit, allowing prospective users to structure an occupancy solution that fits their specific operational needs. The site is fully fenced and gated with a caliche yard suitable for equipment, trucks, materials, and industrial operations. Located near NM-18 / Eunice Highway, the property provides convenient access for oilfield service companies, trucking operations, contractors, equipment storage, service businesses, and other industrial users. Ownership is willing to consider custom build-to-suit improvements for qualified occupants, creating an opportunity for businesses requiring office, shop, warehouse, or other purpose-built facilities without acquiring and developing land independently. With 4.34 acres, existing yard improvements, flexible transaction options, and a strategic Hobbs location, the property offers a versatile opportunity for businesses operating throughout Lea County and the Permian Basin.

Listing Agent

Matthew Smith

Found Real Estate License #REC-2023 Listed on: 04/12/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,730

Lot Details

  • 4.34 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4930618135913

Property Details

Property Type

Land

Est. Annual Taxes

$3,730

Lot Details

4.34 Acres

Listing Details

  • New Construction: No
  • Reso Property Sub Type: Other
  • Prop. Type: Land
  • Horses: No
  • Co List Office Mls Id: 0
  • MLS Status: Active
  • Standard Status: Active
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Private Spa: No

Exterior Features

  • Acres: 4.34
  • Pool Private: No
  • View: No
  • Waterfront: No
  • Home Warranty: No

Garage/Parking

  • Attached Garage: No
  • Open Parking: No

Utilities

  • Cooling Y N: No
  • HeatingYN: No

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: None/Other
  • Ninth Grade High School: None/Other
  • Middle Or Junior School: None/Other

Lot Info

  • Assessments: No
  • Current Use: Other
  • Lot Size Sq Ft: 189050.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 4930618135913

Tax Info

  • Tax Annual Amount: 3730.0

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/29/2024 01/29/24 Price Changed $300,000 -21.1% --
01/10/2023 01/10/23 Price Changed $380,000 +9900.0% --
10/03/2022 10/03/22 Price Changed $3,800 -5.0% --
09/30/2021 09/30/21 Price Changed $4,000 -11.1% --
07/28/2021 07/28/21 For Sale $4,500 -- --
Source: New Mexico MLS

Source: New Mexico MLS

MLS Number: 20214070

New Mexico MLS
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