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    Hillcrest Add-K Block 10 Hobbs, NM 88242

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Hillcrest Add-K Block 10

    Property type
    Land

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hobbs
    County
    Lea
    State
    New Mexico
    Longitude
    -103.151
    Latitude
    32.8084

    Comparable in this City

    • Value Estimation by Request
      5.00 Acres

      12915 Denver City Hwy

      Distribution properties • 5.00 Acres
      12915 Denver City Hwy, Hobbs, NM 88242
      View Details
    • Value Estimation by Request
      5.23 Acres

      2 Buena Suerte Dr

      Land • 5.23 Acres
      2 Buena Suerte Dr, Hobbs, NM 88242
      View Details
    • Value Estimation by Request
      2.20 Acres

      11014 Meadowlark Dr

      Land • 2.20 Acres
      11014 Meadowlark Dr, Hobbs, NM 88242
      View Details
    • Value Estimation by Request
      6.85 Acres

      Lovington Hwy

      Land • 6.85 Acres
      0 Lovington Hwy, Hobbs, NM 88242
      View Details
    • Value Estimation by Request
      5.00 Acres

      10576 Stiles Rd

      Land • 5.00 Acres
      10576 Stiles Rd, Hobbs, NM 88242
      View Details
    • Value Estimation by Request
      1.00 Acre

      1398 Georgia Ave

      Land • 1.00 Acre
      1398 Georgia Ave, Hobbs, NM 88242
      View Details

    Similar Nearby for Sale

    • $350,000
      6.85 Acres

      Hobbs Commercial Land - 6.85 Acres

      Prime Commercial Land, Hobbs, NM
      0 Lovington Hwy, Hobbs, NM 88242
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    • $175,000
      5.08 Acres

      TBD Buena Suerte Drive

      Land • 5.08 Acres
      0 Tbd Buena Suerte Dr, Hobbs, NM 88242
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    • $230,000
      11.02 Acres

      Unimproved Land in Hobbs, NM

      11.02 acres of unimproved land for sale in Hobbs.
      141270 N Knowles Rd, Hobbs, NM 88242
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    • $525,000
      5.00 Acres

      Hobbs, NM Event Venue & Warehouse

      5-Acre Commercial Property w/ Barn
      12915 Denver City Hwy, Hobbs, NM 88242
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    • $225,000
      18.88 Acres

      Hobbs Land Parcel For Sale

      18.88 acres of unimproved land north of Hobbs, NM.
      516 E Pinson Rd, Hobbs, NM 88242
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    • $1,075,000
      157.64 Acres

      Producing Farm Property with Water

      157 Acres of fertile ground with ample water rights.
      5000 Pawnee St, Hobbs, NM 88242
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    Hillcrest Add-K Block 10
    Hobbs, NM 88242
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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