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TBD Buena Suerte Drive

Hobbs, NM 88242
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Acres6.61

Acres(Lot)

Prime 7-Acre Property with 23 Acres of Water Rights – Ready for Your Cannabis Operation Unlock unlimited potential with this 7-acre tract of land, complete with 23 acres of water rights to ensure your growth needs are met year-round. This fully-equipped property includes a massive 10,000 sqft concrete pad, an irrigation well, a domestic well, and a septic system—all already installed and ready for immediate use. Ideal for businesses looking to break into or expand their cannabis cultivation operations, this land offers the perfect foundation to thrive. Whether you’re starting fresh or scaling up, everything you need is here to grow your future.

Detail Ic Property Details

Property Type : Land

Price : $1,499,000

AD Id : 75405709

MLS Id : 20250521

Lot Size : 6.61 Acres(Lot)

County : Lea

Subdivision: Freneau

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Feature Features

  • Lot Information

    Main Square Feet: 6.61 Acres Lot Size Acres: 6.61 Lot Size Square Feet: 287931.6

    Property Information

    Subdivision: Wallace Acres Source Property Type: Land Property SubType: Unimproved Land

  • Listing Price Information

    Listing Price: $1499000 Original Price: $2000000 Cash, Conventional

  • Tax Information

    Parcel Number: 4000777810001 Tax Year: 2024 Annual Tax: $21788.68 Tax Legal Desc: Lot 1 of Wallace Acres

  • Homeowners Association Information
    Has Association: Yes

  • Utility Information

    Natural Gas Not Available, Electricity Not Available, Water Available
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
TBD Buena Suerte Drive, Hobbs, NM, 88242 $125,000 -- -- -- 5.08 Acres(Lot)
TBD Buena Suerte Drive, Hobbs, NM, 88242 $125,000 -- -- -- 5.08 Acres(Lot)
TBD E Cope Place, Hobbs, NM, 88242 $500,000 -- -- -- 20 Acres(Lot)
TBD Synergy Park, Hobbs, NM, 88242 $1,180,476 -- -- -- 2.71 Acres(Lot)
7815 N Kornegay Road, Hobbs, NM, 88242 $699,999 -- -- -- 28 Acres(Lot)
TBD Buffalo Road, Hobbs, NM, 88242 $90,000 -- -- -- 2.48 Acres(Lot)
000 TBD E Kansas Street, Hobbs, NM, 88242 $105,000 -- -- -- 5 Acres(Lot)
TBD Rolling Street, Hobbs, NM, 88242 $160,000 -- -- -- 1.97 Acres(Lot)
TBD W Pinson Street, Hobbs, NM, 88242 $1,200,000 -- -- -- 30.37 Acres(Lot)
TBD Buffalo Road, Hobbs, NM, 88242 $110,000 -- -- -- 3.59 Acres(Lot)

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.

ByOwner last updated this listing 06/20/2026 @ 08:54

MLS: 20250521 LISTED BY: Rodney Davis, United Realty, LLC - Hobbs 575-392-3000 SOURCE: New Mexico MLS

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