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Local Realty Service Provided By: Coldwell Banker High Desert Realty Co.
Property view
Listing view 2

TBD College Lane, 
Hobbs, NM 88242

$7,500,000

—

Bed

—

Bath

-

Sq Ft

120.00

Acres (Lot)

Land

Active

Listed by

Josephina Marquez

Core Realty Group

575-433-7000

Last updated:

January 11, 2026, 04:51 PM

MLS#

20252804

Source:

NM RANM

About This Land

TBD College Lane

Land Opportunity: 120 Acres with 77 Acres of Water Rights - Develop as Commercial or Residential Development. Unlock the potential of 120 Acres of versatile with 77 acres of water rights primed for commercial or residential development. Strategically located with growth and accessibility in mind, this expansive property is a rare opportunity for investors, developers, or builders looking to create a high-impact project.

Land Facts

Description/Design:

Land

Lot Size (Acres)

120.00

MLS #:

20252804

Last Updated:

January 11, 2026, 04:51 PM

Added:

8 month(s) ago

Finances & Disclosures

Finances

Price:

$7,500,000

Source:NM RANM
The information being provided by New Mexico Multi-Board Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 New Mexico Multi-Board Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.