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For Sale
$2,179,500
Pending

1500 N Marland St, Hobbs, NM 88240

Land, Hobbs, NM

Property SizeContact for details
Lot Size72.00 Acres
Days on Market1091

Property Features for 1500 N Marland St

General Information

Property type Land
Property subtype Other
Elementary school None/Other
Middle school None/Other
High school None/Other
Directions Drive by-Please call Listing Agent- Annabel Balboa Horne 575.390.7006 Michelle Cortez 575.263.3006
Subdivision New Mexico Mls
Standard status Pending
APN 4980205150513 and 4000008000001
Lot size 72.00 Acres

Taxes and HOA fees

Tax Description Please see attached exhibit A in associate docs.
Tax Annual Amount 20127
Legal Description Please see attached exhibit A in associate docs.

Utilities

Utilities Cable Available
Listing Agency: Berkshire Hathaway Home Services Enchanted Lands - Hobbs · Berkshire Hathaway HomeServices
Listed By: Annabel Horne · License #REC-2022-1253
Added: Oct 24, 2023 Changed: Oct 17 Last Checked: Oct 18 at 3:06PM
MLS# 20235690

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Pharmacy Law Firm Grocery & Convenience Store Auto Parts Store Gym & Fitness Center Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

196
Businesses Nearby

Demographics for 88240, NM

42,386
Population
16,490
Households
2.6
Avg Household Size
31
Median Age
17%
College-Educated
76%
High-School Grad
600.2 sq mi
ZIP Area
71
Density / Sq Mi
$65,394
Median Household Income
$37,178
Median Earnings
$1,124
Median Rent
$177,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

Where is this commercial land located?
The property is located at 1500 N Marland St Hobbs, NM.
What is the asking price?
The asking price for this property is $2,179,500.
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