Active
189,050 Lot Size4.34 Acres
414 East Arco Road, Hobbs, NM 88240
Est: $1,836/moGet pre-approved
LandProperty Type
4.34 acresLot Size

Description

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,...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.
1246 days on Market
  • Listed by: Matthew T Smith 575.441.3880 matthew@found.realestate Brokerage DRE #0 • Found Real Estate
Last updated: 08/27/2026 04:07 PM • Source: New Mexico MLS, MLS#: 20214070

Location

Listing Courtesy of Found Real Estate
Add your commute

Payment Calculator

$1,836 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,525

Property Taxes

$311

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 414 East Arco Road

Property Details
  • Taxes: $3,730 / year
  • MLS Type: Land
  • County: Lea County
  • Has View: No
  • Has Waterfront: No
Building Information
  • Lot Size: 4.34 AC
Summary
Location and General Information
  • Latitude: 32.653142
  • Longitude: -103.128697
  • MLS Area Major: New Mexico Mls
  • Senior Community: No
Taxes and HOA
  • Association: No
  • Parcel Number: 4930618135913
  • Tax Annual Amount: $3,730.00
School Information
  • Elementary School: None/Other
  • High School: None/Other
  • Middle Or Junior School: None/Other
Parking
  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Open Parking: No
Property
Lot Information
  • Lot Size Acres: 4.34
  • Lot Size Area: 4.34
  • Lot Size Square Feet: 189050.4
  • Lot Size Units: Acres
Property and Assessments
  • Current Use: Other
  • Living Area Units: Square Feet
  • New Construction: No
  • Property Attached: No
  • Property Type: Land
Farm Information
  • Horse: No
Interior and Exterior Features
Exterior Features
  • Private Pool: No
Interior Features
  • Has Cooling: No
  • Has Heating: No
  • Has Fireplace: No
  • Has Spa: No

Property History for 414 East Arco Road

DateEvent & SourcePriceAppreciation
Jan 28, 2024

Price Change

New Mexico MLS #20214070

$300,000
Apr 12, 2023

Listed (Active)

New Mexico MLS #20214070

$4,500
Jul 20, 2021

Permanently Off Market

New Mexico MLS #20203613

$4,500
DateEvent & SourcePrice
01/28/2024

Price Change

New Mexico MLS #20214070

$300,000
04/12/2023

Listed (Active)

New Mexico MLS #20214070

$4,500
07/20/2021

Permanently Off Market

New Mexico MLS #20203613

$4,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 414 East Arco Road

This home is within Hobbs Municipal Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 10
Public - 9 to 12
Rating
School
Distance
Southern Heights Elementary School
PublicPK to 5

Heizer Middle School
Public6 to 8

Hobbs Freshman High School
Public9 to 10

Hobbs High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 88240

New

$230,000

4
Bedrooms
2,004
Square Feet
0.25
Acres
New

$139,000

3
Bedrooms
Unavailable
Square Feet
Unavailable
Acres
$180,000 | 1206 West Clinton Street, Hobbs, NM 88240
1/8

$180,000

4
Bedrooms
1,263
Square Feet
0.17
Acres
$239,900 | 1521 North Evans Street, Hobbs, NM 88240
1/27

$239,900

Unavailable
Bedrooms
2
Bathrooms
1,664
Square Feet
0.75
Acres
$160,000 | 620 East White Street, Hobbs, NM 88240
1/26

$160,000

3
Bedrooms
1,280
Square Feet
0.16
Acres
$420,000 | 5011 Grey Ghost Road, Hobbs, NM 88240
1/26
New Construction

$420,000

4
Bedrooms
2,294
Square Feet
0.18
Acres
$344,900 | 48 Mighty Atom Circle, Hobbs, NM 88240
1/10
New Construction

$344,900

3
Bedrooms
1,707
Square Feet
0.16
Acres
$199,900 | 1115 East Rose Lane, Hobbs, NM 88240
1/7
Backup

$199,900

3
Bedrooms
Unavailable
Square Feet
0.18
Acres
$490,000 | 709 West Vista Court, Hobbs, NM 88240
1/32

$490,000

4
Bedrooms
2,485
Square Feet
Unavailable
Acres

414 East Arco Road is a 4.34 ac of land for sale in Hobbs, NM 88240. This property was listed for sale on April 12, 2023 by Found Real Estate, it's currently listed at $300,000. This listing's school district is Hobbs Municipal Schools. Nearby schools include Southern Heights Elementary School, Heizer Middle School and Hobbs Freshman High School. 414 East Arco Road is a 0-bed, 0-bath 4.34 ac of land on a 189,050 sq. ft. / 4.34 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Found Real Estate

MLS Internet Data Exchange ("IDX") information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the New Mexico Association of Realtors.