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313 Magnum Industrial Rd; Hobbs, NM Property Details

313 Magnum Industrial Rd, Hobbs, NM is a Vacant Parcels W/ Imp. that was built in 1992. This property is currently Financed and is not for sale. Our records show that 313 Magnum Industrial Rd has a total of 7,500 square feet. The lot size of 313 Magnum Industrial Rd is 77,537 square feet.

Off market
313 Magnum Industrial Rd Hobbs, NM 88240
$700,000 Listing Price
7,500 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1992
  • Purchase Price: $1,064,500
  • Open Loans: 1
  • Inv. Liens: 1
  • APN: 4 000 426 660 001
  • Situs County: Lea
  • Length Of Ownership: 1 year, 3 months

Measurements

  • Total: 7,500/SqFt
  • Lot: 77,537/SqFt
  • Price Per Square Foot: $141.93

Legal Description

  • Description: SECTION-35 TOWNSHIP-18S RANGE-37E 1.78 AC LOC W2SE4 BEG S0D1E 4356 & N89D44W 2310 FROM NE COR SEC 35, TH S0D1E 235.6, N89D44W
Building Insights

Land Information

  • Property Type: Vacant parcels w/ imp.
  • Flood Zone: D / Undetermined Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.69892 / -103.22142
  • Property Class: Residential

Amenities

  • Plus Four: 8005

Ownership Info

313 Magnum Industrial Rd has no associated ownership info
313 Magnum Industrial Rd has no associated ownership info.

Taxes

313 Magnum Industrial Rd has 10 associated Taxes items

313 Magnum Industrial Rd, Hobbs, NM pays taxes in Lea County, NM. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $151,326. The APN we've located for 313 Magnum Industrial Rd is 4 000 426 660 001.

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Taxes
  • Assessed Value:  $151,326
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 426 660 001
  • Assessed Land Value:  6926
  • Market Land Value:  20778
  • Tax Amount:  4379.67
  • Tax Year:  2025
  • Market Value:  453978
  • Market Year:  2025

Tax History

313 Magnum Industrial Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $151,326 Land Value $6,926 Improvement Value $144,400 Tax Amount $4,379.67 Change Rate -0.00031% Assessed CR Tax Rate +0.028942%
Year 2024 Assessed Value $151,326 Land Value $6,926 Improvement Value $144,400 Tax Amount $4,381.03 Change Rate +0.144864% Assessed CR Tax Rate +0.028951%
Year 2023 Assessed Value $132,164 Land Value $6,724 Improvement Value $125,440 Tax Amount $3,826.68 Change Rate +0.044431% Assessed CR Tax Rate +0.028954%
Year 2022 Assessed Value $132,164 Land Value $6,724 Improvement Value $125,440 Tax Amount $3,663.89 Change Rate +0.035187% Assessed CR Tax Rate +0.027722%
Year 2021 Assessed Value $123,892 Land Value $6,338 Improvement Value $117,554 Tax Amount $3,539.35 Change Rate +0.022836% Assessed CR Tax Rate +0.028568%
Year 2020 Assessed Value $123,707 Land Value $6,153 Improvement Value $117,554 Tax Amount $3,460.33 Change Rate +0.047563% Assessed CR Tax Rate +0.027972%
Year 2019 Assessed Value $120,104 Land Value $5,974 Improvement Value $114,130 Tax Amount $3,303.22 Change Rate -0.251215% Assessed CR Tax Rate +0.027503%
Year 2018 Assessed Value $110,286 Land Value $5,800 Improvement Value $104,486 Tax Amount $4,411.44 Change Rate +0.029998% Assessed CR Tax Rate +0.04%
Year 2017 Assessed Value $321,222 Land Value $16,893 Improvement Value $304,329 Tax Amount $4,282.96 Change Rate Assessed CR Tax Rate +0.013333%
Year 2016 Assessed Value $320,730 Land Value $16,401 Improvement Value $304,329 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $320,730 Land Value $16,401 Improvement Value $304,329 Tax Amount $2,933.73 Change Rate Assessed CR Tax Rate +0.009147%
Year 2014 Assessed Value $320,730 Land Value $16,401 Improvement Value $304,329 Tax Amount Change Rate Assessed CR Tax Rate