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$950,000
20262151 MLS
30.37 acre development opportunity north of Hobbs, New Mexico, offered at $950,000. The property provides a substantial contiguous tract and strong potential for residential subdivision or other future development. A preliminary subdivision concept has already been prepared, giving prospective developers a starting point for evaluating potential lot layout and development of the property. The preliminary concept is for planning purposes and remains subject to governmental approval, engineering, utility availability and other development requirements. With more than 30 acres, the property offers flexibility for a developer to consider a full subdivision, phased development, larger residential lots or other uses permitted by applicable zoning and land-use regulations. Water rights can be negotiated, adding significant value to a tract positioned for future development in the Hobbs area.

W Pinson St, Hobbs

Listing courtesy of Found Real Estate.

$1,850,000
20262678 MLS
Rare opportunity to acquire 126 contiguous acres near Hobbs, New Mexico, offering exceptional flexibility for residential development, farm, ranch or long-term investment. The property includes approximately 94 acres of adjudicated water rights and two high-capacity irrigation wells, each approximately 200 feet deep with water at approximately 120 feet and reported production of approximately 700 GPM. This substantial existing water infrastructure creates opportunities for continued agricultural use while adding significant value to the property's long-term potential. For developers and builders, the property's location, size and surrounding road access create a compelling residential development opportunity. An initial 2-acre residential lot development is already underway along W. Kansas Street, providing a potential framework for continued estate-lot development across the remaining acreage. A conceptual master plan is being developed to illustrate future road alignments, 2-acre homesites and phased development potential. Existing improvements include an updated 3-bedroom, 2-bath approximately 1,950-square-foot double-wide with a metal roof, propane heat and updated flooring, kitchen, bathrooms and windows. A large barn provides additional equipment and storage space. The property benefits from access and connectivity via Grimes, Kansas, Cope, Yuciapa and Carter and represents one of the larger contiguous acreage opportunities close to Hobbs. Whether utilized for agriculture, ranching, a private estate, residential development or long-term investment, this property offers a rare combination of substantial acreage, adjudicated water rights, high-capacity wells, existing improvements and proximity to town. Additional acreage also available. Property is owned by Selling Broker.

6804 N Grimes St, Hobbs

Listing courtesy of Found Real Estate.

$300,000
20214070 MLS
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.

414 E Arco Rd, Hobbs

Listing courtesy of Found Real Estate.

$473,000
20260756 MLS
A rare 500-acre vacant land offering comprised of legally established lots predating the 1981 Santa Fe County Land Development Code. The parcels retain their pre-1981 lot status, providing flexibility not commonly available under current subdivision regulations. Existing lot splits are confirmed by updated individual surveys, though certain parcels are not yet separately assessed for property tax purposes and remain subject to county processing. The property offers impeccable, unobstructed panoramic views of the Santa Fe skyline and the Ortiz Mountains, with elevated terrain that preserves long-range sightlines and visual integrity. Access is direct and efficient from NM-14, allowing ease of entry while maintaining privacy, scale, and regional connectivity. The offering includes recent boundary and individual parcel surveys completed in 2022 and 2024, confirming lot configuration and acreage. With legacy lot status, large contiguous acreage, and exceptional views, this property is well-suited for estate development, phased disposition, conservation use, or long-term investment. With lots already split and established under prior land use regulations, this holding presents a compelling opportunity for estate development, phased disposition, conservation use, or long-term investment. The combination of legacy lot status, large acreage, and exceptional views positions this property as a scarce and strategic Northern New Mexico land asset.

2912 N Hwy 14, Cerrillos

Listing courtesy of Pep Realty.

$450,000
20250771 MLS
Discover a prime investment opportunity with this vacant land listing, now available for sale. Located on Main Street and a working well on site, this offering includes a total of 2.3 acres of improved land spread across multiple parcels. The sale consists of a 1.06-acre plot, an adjoining .53-acre tract, and an additional .73 acres situated at 4920 S Main complete with a 700 sq ft residential building ready for renovation or repurposing. The property is fully equipped with a well and septic system, paving the way for a seamless development process. This land presents a golden chance for investors or individuals seeking to build from the ground up in a well-positioned and accessible location. Seize this rare opportunity to own a substantial piece of Main Street. Contact us to explore the potential of this exceptional property. SELLER IS CONSIDERING OFFERS SENT WITH SELLER FINANCING OR BY REAL ESTATE CONTRACT

5000 S Main St, Roswell

Listing courtesy of Keller Williams Roswell.

$360,000
20261919 MLS
This property offers endless possibilities! The 7,200-square-foot insulated shop with three HVAC units is ideal for running a business, pursuing hobbies, or storing cars, RVs, motorhomes, ATVswhatever you need. It could also be transformed into an incredible home or man cave. Additional features include storage buildings, a small set of stalls, extra covered parking spaces, its own electric meter, septic system, and well. The back of the shop has a covered RV parking pad, and with nearly two acres, theres plenty of space to enjoy. A recorded easement on the west side provides access via a private driveway. The well requires a new pump and some work. The house in front is not included in this sales price but it is listed on another listing with the shop for $875,000 with a total of 4 acres. . Contact me at 575-748-9735 or your favorite realtor to check it out!

27 W Compress, Artesia

Listing courtesy of Lois Oliver Real Estate.

$2,400,000
20260734 MLS
The imposing 2800+Log sided ranch style home commands views in all direction. Tastefully designed with vaulted ceilings, large open kitchen with ample cherry cabinets and pantry space, a corner desk, and breakfast bar. A Large bright living/formal dining room with large windows that frame the view down the canyon. The Den with wood stove open to kitchen keeps family conversations effortless while meals are prepared. Three large bedrooms, parents retreat featuring on room for office or on suite nursery or toddler bedroom and spacious full bath with garden tub, separate shower and double vanity. Closets are ample throughout all hallways and bedrooms. Large utility room, and 2.5 baths round out the homes amenities. Land owner can apply for 7 Elk tags, with provided habitat for Elk, Deer, lion, Turkey and plenty of area to hunt!

450 Francis Ave Ave, Raton

Listing courtesy of Home Associates, Inc.

$1,661,700
20262827 MLS
''La Plata Cliffs'' Unlock the potential of over 330 acres in the heart of Chokecherry Canyon Recreation Area-an outdoor enthusiast's dream and a developer's blank canvas. Imagine building your dream home, establishing an RV park, creating a tiny home community, developing a destination campground, or transforming it into an off-road and mountain biking paradise. This extraordinary property is defined by its natural beauty, with both Glade Wash and the La Plata River flowing through the land, framed by massive sandstone cliffs and sweeping panoramic views. The landscape is as dramatic as it is versatile, offering unmatched opportunities for recreation, tourism, or private retreat. Infrastructure-ready with electricity available and water accessible through the La Plata Water Users Association (with the addition of a water tank or tower). With no zoning or covenant restrictions, your vision is free to take shape without limits. Here, the sky truly is the limit-and in this part of New Mexico, the sky stretches endlessly above you. Showings with an appointment only. No trespassing.

Glade Rd, Farmington

Listing courtesy of Exp Realty, LLC.

$360,000
20261880 MLS
The property consists of 40+ Acres of total seclusion, the property is bordered on the east side by a very large ranch and the property is bordered on the west side by Bureau of Land Management property that is state owned thus this property will have no encroachments on any side of it. The property did have 3 old trailer houses on it that have been removed and the site has been environmentally cleaned and cleared according to state regulations. The property has electric service, (Two Meter Poles). Property does not have a water well or septic installation, leaving options open for building locations. There is a nice cattle guard at the entrance to the property on Highway 90. This property offers the opportunity to build your home and barns with a great view and away from the highway. There is wildlife on the property. If you are looking to get away from the city, this is the place for you.

2402 Hwy 90, Silver City

Listing courtesy of Listwithfreedom.Com.