Hobbs, NM Commercial Land for Sale
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Monument, NM
Seminole, TX
Lovington, NM
- Eunice, NM
21 results
Hobbs, NM Commercial Land Investment Opportunities Market Analysis
Explore 21 commercial land for sale in Hobbs, NM, showcased through 21 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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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 median listing prices of real estate assets
| Neighborhood | Average Price |
|---|---|
| 88242 | $290K |
| 88240 | $1.2M |
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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