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    Hobbs, NM
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    Hobbs, NM Commercial Land for Sale

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    Seminole, TX Lovington, NM Monument, NM Oil Center, NM Eunice, NM Denver City, TX Lometa, TX
    30 properties
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    Drive-Through Restaurant Property
    Updated: Mar 26
    Drive-Through Restaurant Property

    1615 W Millen Dr, Hobbs, NM 88240

    $2,300,000
    2,585 sqft 7.62 AC lot
    2,585‑square‑foot building constructed in 2022
    Drive‑thru window supports restaurant operations
    Large parking lot included with the building
    Additional land designated for future professional or retail properties
    North of the new Hobbs municipal middle school
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    Commercial Land Near Downtown
    Updated: Jun 5
    Commercial Land Near Downtown

    200 S LINAM ST, Hobbs, NM 88240

    $1,200,000
    1.78 AC lot
    1.78‑acre commercial land site
    Existing 1965 building requires extensive renovation
    Property offered as‑is
    Located at 200 S LINAM ST, Hobbs, NM 88240
    Near downtown amenities, shopping, and dining
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    Corner Commercial Land With Shop
    Corner Commercial Land With Shop

    724 S Grimes St, Hobbs, NM 88240

    $295,000

    Fenced corner parcel with a small shop and overhead door access.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    4210 N. Lovington, Hobbs, NM 88240

    $2,242,000
    8 sqft

    Multi-parcel project with high traffic and development potential.

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    Commercial Land
    Commercial Land

    Rash/Texico St, Hobbs, NM 88240

    $350,000
    2.77 AC lot

    A commercial parcel with access from Rash Street and visibility from Marland Boulevard.

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    Commercial Land Parcel
    Commercial Land Parcel

    N Marland, Hobbs, NM 88240

    $180,000
    1.57 AC lot

    Commercial parcel situated between an RV park and Family Dollar.

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    Land, Hobbs, NM
    Land, Hobbs, NM

    E Navajo Dr, Hobbs, NM 88240

    $3,067,500
    409.11 AC lot

    Commercial land · 409.11 Acres

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    High-Visibility Commercial Land
    High-Visibility Commercial Land

    4640 N Lovington Hwy, Hobbs, NM 88240

    $800,000
    2.30 AC lot

    Commercial land with strong road exposure in a busy Hobbs area near Covenant Hospital and nearby hospitality and wellness uses.

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    Land, Hobbs, NM
    Land, Hobbs, NM

    1500 N Marland St, Hobbs, NM 88240

    $2,179,500
    72.00 AC lot

    Commercial land · 72.00 Acres

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    Corner Commercial Land
    Corner Commercial Land

    W Bender/West County, Hobbs, NM 88240

    $1,244,073
    9.91 AC lot

    Corner parcel positioned along a commercial bypass in Hobbs.

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    Commercial Land Parcel for Sale
    Commercial Land Parcel for Sale

    4100 North Lovington Highway, Hobbs, NM 88240

    Contact for pricing
    1 sqft 3.49 AC lot

    Two available acreage options offer flexible land configuration for future commercial development.

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    Commercial Land Parcel
    Commercial Land Parcel

    W County, Hobbs, NM 88240

    $337,154
    4.30 AC lot

    Commercial land along W County in Hobbs, New Mexico, suited to future commercial development or yard use.

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    Commercial Highway Frontage Land
    Commercial Highway Frontage Land

    5820 N. Lovington Hwy N, Hobbs, NM 88240

    $260,000

    Commercial parcel with direct highway access in North Hobbs’ business district.

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    Commercial Land with Utilities
    Commercial Land with Utilities

    7810 N World Dr, Hobbs, NM 88240

    $425,000
    7.25 AC lot

    Commercial land for sale featuring septic, well, and electricity on site, with frontage on World Drive.

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    Commercial Land Parcel
    Commercial Land Parcel

    4120 N Lovington Hwy, Hobbs, NM 88240

    Contact for pricing
    5.00 AC lot

    Approximately 5-acre commercial parcel with city water and sewer available in front along Lovington Hwy.

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    Development Land with Multiple Access Points
    Development Land with Multiple Access Points

    000 Lovington Hwy, Hobbs, NM 88240

    Contact for pricing
    24.00 AC lot

    Commercial development parcel on Lovington Highway with three potential access points and nearby major regional destinations.

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    Commercial Land
    Commercial Land

    816 N Goings Rd, Hobbs, NM 88240

    Contact for pricing

    Commercial yard property with a Hobbs address.

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    Food Truck Pad Site
    Food Truck Pad Site

    200 W Navajo Dr, Hobbs, NM 88240

    Contact for pricing

    Land designated as a food truck pad, available for sale.

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    Commercial Land on Hobbs-Lovington Highway
    Commercial Land on Hobbs-Lovington Highway

    6721 N World Drive, Hobbs, NM 88240

    Contact for pricing
    4.20 AC lot

    Prime 4.2 acre commercial land tract for sale.

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    Hobbs Vacant Land Opportunity
    Hobbs Vacant Land Opportunity

    TBD N Alto Drive, Hobbs, NM 88240

    Contact for pricing
    0.04 AC lot

    Strategically located vacant land ideal for commercial development.

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    Prime Corner Land For Sale
    Prime Corner Land For Sale

    TBD E Navajo Drive, Hobbs, NM 88240

    Contact for pricing

    Corner land available for development on a busy bypass.

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    Corner Location Land For Sale
    Corner Location Land For Sale

    126 S Marland Boulevard, Hobbs, NM 88240

    Contact for pricing

    Corner lot suitable for business development.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    N Lovington Hwy, Hobbs, NM 88242

    Contact for pricing
    6.85 AC lot

    6.85 acres of commercial land on Lovington Hwy, Hobbs.

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    5.08 Acres For Sale
    5.08 Acres For Sale

    TBD Buena Suerte Drive, Hobbs, NM 88242

    Contact for pricing
    5.08 AC lot

    5.08 acres suitable for residential or commercial use.

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    Hobbs, NM Commercial Land Market Trends and Statistics

    Explore 30 commercial land for sale in Hobbs, NM, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 24,961,631 square feet of properties for sale, with an estimated market value of $15,180,227.

    Sale prices for commercial lots in Hobbs, NM start at $180,000, averaging $1,084,301, and reaching up to $3,067,500 — 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

    Commercial property segments ranked by active listings on the market

    Commercial land 25
    Residential land & home lots 9
    Industrial land 4
    Agricultural land / Farmland 2

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    88240 $575.3K

    Taxes & Financing

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

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    Most Searched ZIP Codes in Hobbs, NM

    • 88240
    • 88242

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