www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29934810
29489781

TBD E Cope Place, Hobbs, NM 88242

MS
NM REC-2023-0297
FOUND REAL ESTATE
Listed by FOUND REAL ESTATE
$500,000
126 days on market
Updated 50 days ago

TBD E Cope Place

Details
APN 4000419430001
Property Type Land
Sub Type Ranch, Farm/Ranch/Agricultural
Broker Co-Op Yes
Acreage 20.000
Sale Condition For sale by owner

20 Acre Development Land | Irrigation Well + Water Rights | Hobbs NM

Marketing description

Prime Development Opportunity | 20± Acres with High Capacity Irrigation Well and Water Rights Approximately 20 acres to be sold off a larger farm offering a rare combination of water access and development potential. Property includes a high capacity irrigation well approximately 200 feet deep with water encountered around 130 feet and a reported production of approximately 700 GPM plus 21.595 acres of deeded water rights conveying with the sale. The tract offers multiple points of access from Cope Pl and Yuciapa St with future access planned from Fowler Ave extending south from Kansas Ave providing strong long term development flexibility. Flat usable land with exceptional water assets makes this property well suited for residential development ranchettes or continued agricultural use. Located in an area of growth with future infrastructure expansion already planned. A rare opportunity to acquire acreage with significant water capacity multiple access points and long term upside.
Icon
Powered by New Mexico Association Of Realtors
Learn More

Listing Contacts

MS
NM REC-2023-0297
FOUND REAL ESTATE
Listed by FOUND REAL ESTATE

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Matthew Smith
License
REC-2023-0297
Brokerage
Found Real Estate
Brokerage Phone
(575) 942-2000
Title
Associate Broker
Brokerage Address
4401 North Grimes Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591