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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
    15 properties
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    Prime Commercial Land Opportunity
    Updated: Nov 21, 2025
    Prime Commercial Land Opportunity

    4210 N. Lovington, Hobbs, NM 88240

    $2,242,000
    8 sqft
    Located at Hobbs' key retail intersection with high traffic count (23,967 vehicles per day).
    Anchor tenant is Texas Roadhouse, experiencing top sales and service performance.
    Over 80,000 residents within a 30‑minute drive.
    Pad 2 sold to Blake’s Lotaburger, with development plans targeted for 2025.
    Phase 2: +-4.291 gross acres with shared parking and drive aisles.
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    Commercial Land Parcel for Sale
    Updated: Jun 2
    Commercial Land Parcel for Sale

    4100 North Lovington Highway, Hobbs, NM 88240

    Contact for pricing
    1 sqft 3.49 AC lot
    Two acreage options available: ±1.00 acre or ±3.492 acres
    Land offers flexible configuration for future commercial development
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    Commercial Land on Hobbs-Lovington Highway
    Commercial Land on Hobbs-Lovington Highway

    6721 N World Drive, Hobbs, NM 88240

    $350,000
    4.20 AC lot

    Prime 4.2 acre commercial land tract for sale.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    10.53 Acres on Millen
    10.53 Acres on Millen

    TBD Tract 3 Millen (South Side), Hobbs, NM 88240

    $3,669,494
    10.53 AC lot

    10.53 acres with frontage, suitable for retail or office.

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    Prime Corner Land For Sale
    Prime Corner Land For Sale

    TBD E Navajo Drive, Hobbs, NM 88240

    $2,066,992

    Corner land available for development on a busy bypass.

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    Hobbs Vacant Land Opportunity
    Hobbs Vacant Land Opportunity

    TBD N Alto Drive, Hobbs, NM 88240

    $400,000
    0.04 AC lot

    Strategically located vacant land ideal for commercial development.

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    Commercial Land on Lovington Highway
    Commercial Land on Lovington Highway

    SEC N Lovington Hwy and Magnolia Dr, Hobbs, NM

    $2,242,000
    8.74 AC lot

    4.291 acres of commercial land with high traffic count.

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    Corner Location Land For Sale
    Corner Location Land For Sale

    126 S Marland Boulevard, Hobbs, NM 88240

    $160,000

    Corner lot suitable for business development.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    N Lovington Hwy, Hobbs, NM 88242

    $350,000
    6.85 AC lot

    6.85 acres of commercial land on Lovington Hwy, Hobbs.

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    Fenced Commercial Yard in Hobbs
    Fenced Commercial Yard in Hobbs

    414 E Arco Rd, Hobbs, NM 88240

    $300,000
    4.34 AC lot

    4.34-acre fenced commercial yard near Eunice Highway.

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    Fenced Commercial Yard For Sale
    Fenced Commercial Yard For Sale

    TBD S Rash Road, Hobbs, NM 88240

    $150,000
    1.43 AC lot

    1.43 acre fenced commercial yard with highway access.

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    12.87 Acres on Millen
    12.87 Acres on Millen

    TBD Tract Two Millen (South Side), Hobbs, NM 88240

    $2,409,302
    12.87 AC lot

    12.87 acres suitable for multi-family or restaurant development.

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    Land in Growing Lea County
    Land in Growing Lea County

    000 Lot 3, Hobbs, NM 88240

    $653,400

    Land suitable for development in a rapidly growing area.

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    Lea County Land Opportunity
    Lea County Land Opportunity

    000 Lot 4, Hobbs, NM 88240

    $653,400

    Land available in growing area near major facilities.

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    Highway Frontage Land For Sale
    Highway Frontage Land For Sale

    TBD Lovington Highway, Hobbs, NM 88240

    $5,868,838

    Land with highway frontage available for purchase.

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    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 15 Active listings in Hobbs, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Upscale Land in Seminole, TX
    Upscale Land in Seminole, TX

    County Rd 305, Seminole, TX 79360

    $88,400
    4.42 AC lot

    4.42 AC property ready for your vision!

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    Improved Land in Seminole, TX
    Improved Land in Seminole, TX

    Private Rd 204, Seminole, TX 79360

    $68,000
    2.13 AC lot

    2.13 acre lot with storage building, well, and electricity.

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    Commercial Lot with Building
    Commercial Lot with Building

    1411 S Main Street, Lovington, NM 88260

    $150,000

    Spacious commercial lot with multi-use building for sale.

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    Commercially Zoned Land For Sale
    Commercially Zoned Land For Sale

    TBD Urlacher Drive Drive, Lovington, NM 88260

    $250,000
    1.77 AC lot

    Commercially zoned land suitable for various business ventures.

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    Hobbs, NM Commercial Land Market Trends and Statistics

    Explore 15 commercial land for sale in Hobbs, NM, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 8 square feet of properties for sale, with an estimated market value of $2,242,000.

    Sale prices for commercial lots in Hobbs, NM start at $2,242,000, averaging $2,242,000, and reaching up to $2,242,000 — 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

    Commercial property segments ranked by active listings on the market

    Commercial land 18
    Industrial land 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
    88242 $290K
    88240 $1.3M

    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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