Hobbs, NM
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    Hobbs, NM Automotive Properties for Sale

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    Monument, NM Seminole, TX Lovington, NM
    5-Acre Shop on Lovington Hwy
    $310,000
    5,000 SF

    5-Acre Shop on Lovington Hwy

    10576 W Stiles Road, Hobbs, NM 88242

    5-acre commercial property with 5,000 sq ft shop.

    • 5‑acre commercial property with frontage on Lovington Hwy.
    • Features a 5000 sq ft shop built in 2003, currently a mechanic repair shop.
    • Fenced perimeter with metal fencing.
    • Two billboard signs offer potential extra income.
    • Interior includes 3 guest facilities.
    Updated: Jun 12, 2024
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hobbs, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Andrews Truck Route Accessible Property
    $550,000
    4,423 SF

    Andrews Truck Route Accessible Property

    Conveniently located property with truck route access and ample space.

    501 SE Mustang Dr, Andrews, TX 79714
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    Versatile Commercial Space For Sale
    $300,000
    4,000 SF

    Versatile Commercial Space For Sale

    4000 SF commercial space suitable for various business uses.

    1105 SW 2nd St, Andrews, TX 79714
    View details
    Commercial Property with Highway Frontage
    $1,000,000
    10.00 Acres

    Commercial Property with Highway Frontage

    10-acre commercial property featuring shops, stables, and highway access.

    1191 Hwy 62-180 W, Seminole, TX 79360
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    6,000 SF Shop Space
    $624,000
    6,000 SF

    6,000 SF Shop Space

    Shop space with office, yard, and expansion potential.

    1012 Us Hwy 62-180W, Seminole, TX 79360
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Unrestricted Land in Gardendale, TX
    $80,000
    1.03 Acres

    Unrestricted Land in Gardendale, TX

    Prime 1.03 acres of unrestricted land with water access.

    N Sunflower Ave lot: 20, Gardendale, TX 79758
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    Unrestricted Land Near Future Intersection
    $199,000
    1.37 Acres

    Unrestricted Land Near Future Intersection

    1.37 acre tract near upcoming intersection, suitable for development.

    9311 W County Rd 60, Midland, TX 79706
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    Retail Frontage Land in Midland
    $1,093,000
    2.09 Acres

    Retail Frontage Land in Midland

    2.091 acres of retail frontage in fast-growing Midland area.

    7404 Briarwood Ave, Midland, TX 79707
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    Prime Commercial Land on Highway
    $1,290,000
    1.28 Acres

    Prime Commercial Land on Highway

    High-traffic commercial land near Cinergy Theater and Bass Pro.

    13611 Hwy 191, Odessa, TX 79765
    View details

    Hobbs, NM Automotive Properties Investment Opportunities Market Analysis

    Explore 1 automotive properties for sale in Hobbs, NM on our real estate platform. These investment opportunities span a total of 5,000 square feet of properties for sale, with an estimated market value of $310,000.

    Sale prices for automotive businesses in Hobbs, NM start at $310,000, averaging $310,000, and reaching up to $310,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Auto shops 1

    Demographics Overview

    Population 50K
    Population Growth (5Y) +4.5%
    Median Household Income $69,020
    College Educated 12.0%

    High-Yield Neighborhoods for Strategic Investment

    Identify Hobbs submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    88242 $310K

    Taxes & Financing

    Tax Rate (average for all types) 2.68%
    Property Tax per SF $10.31 per sq ft
    Tax Rate vs County Average 0.11 pp below county avg
    Average Loan-to-Value 65.0%

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