Hobbs, NM Commercial Real Estate for Sale

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Seminole, TX Lovington, NM Monument, NM Oil Center, NM Eunice, NM Denver City, TX

48 properties

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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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Updated: Jun 2

Flexible Office Building on Corner Lot

201 E Sanger Street, Hobbs, NM 88240

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4,400 sqft

Approximately 4,400 SF flexible office space on a highly visible corner lot
Layout includes 12 offices/rooms with multiple lobby areas
Kitchen facilities on both levels
Three bathrooms
Year built: 1965

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Commercial Yard with Two Shops

8626 S Eunice Hwy, Hobbs, NM 88240

$750,000

4.56 AC lot

4.56-acre commercial yard includes two office buildings and two large shops, with electric, propane, septic, and private well services.

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Professional Office Suite

205 W Broadway St, Hobbs, NM 88240

$420,000

3,503 sqft

Configured workplace with private offices, flexible gathering space, data cabling, and ADA-equipped restrooms.

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Brand-New Retail/Office Strip Center

228 E Navajo Drive, Hobbs, NM 88240

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2,622 sqft

Newly built strip center with retail and office suites for sale on E Navajo Drive.

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Automotive Repair Shop with Four Bays

806 W Main St, Hobbs, NM 88240

$350,000

0.48 AC lot

Four-bay shop with an office, bathroom, storage space, and parking for customer access.

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Multi-Tenant Retail Center with NNN

1701 W Joe Harvey Blvd, Hobbs, NM 88240

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21,391 sqft 1.72 AC lot

Multi-tenant retail center built in 2013 with 93% of gross leasable area under triple-net leases.

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Industrial Flex Facility with Yard

2110 W Bender Boulevard, Hobbs, NM 88240

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11,250 sqft 4.58 AC lot

Metal industrial building with office area and clear-span warehouse/shop space plus a stabilized yard for equipment and laydown use.

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Industrial Acreage with Home

100 S Mini Ranch, Hobbs, NM 88240

$1,000,000

3.00 AC lot

3-acre industrial property with an existing home, located directly across from Lea County Regional Airport.

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Fenced Commercial Property For Sale

400 W Apache, Hobbs, NM 88240

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1,900 sqft 4.00 AC lot

Versatile commercial property with office and shop/storage building.

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Commercial Land Parcel for Sale

4100 North Lovington Highway, Hobbs, NM 88240

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1 sqft 3.49 AC lot

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

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Industrial Facility with Semi-Truck Bays

1908 W Bender, Hobbs, NM 88240

$3,600,000

25.00 AC lot

Well-equipped industrial site with a fenced yard, office buildout, and semi-truck bays plus drive-through wash.

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Industrial Warehouse with Fenced Yard

1111 S Leech St, Hobbs, NM 88240

$678,000

Industrial warehouse includes a fenced yard and loading area, with easy on-site access for deliveries and operations.

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Corner Lot with Small Shop

724 S Grimes St, Hobbs, NM 88240

$295,000

Large corner lot includes a small shop, with fenced grounds and a rolling gate access point.

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High-Visibility Commercial Land

4640 N Lovington Highway, Hobbs, NM 88240

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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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Retail Property with Total 17,500 SF

3403 N Industrial Drive, Hobbs, NM 88240

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17,500 sqft

Retail property totaling 17,500 SF, offered for sale.

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Commercial Land Opportunity For Sale

5360 W Dunnam, Hobbs, NM 88240

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2.27 AC lot

Prime commercial land for sale or lease in Hobbs, NM.

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Fenced Industrial Truck Yard

440 E Campbell, Hobbs, NM 88240

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11.00 AC lot

Fully fenced, gated yard designed for truck, equipment, and fleet operations with convenient access and visibility.

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Fully Equipped Operating Restaurant

604 E Broadway St, Hobbs, NM 88240

$675,000

Fully equipped and operating restaurant available for sale, with showings only Sundays and Mondays.

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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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Salon Booth Rental Space

810 E Walker Dr, Hobbs, NM 88240

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Fully functioning salon featuring 17 booth rent spaces, with new HVAC, new 3-phase electrical, and an industrial water heater.

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Prime Retail Space in Hobbs

118 N Turner Street, Hobbs, NM 88240

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9,000 sqft

9000 sq ft retail space in Hobbs' central business district.

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Absolute NNN Restaurant Lease

1005 Joe Harvey Blvd, Hobbs, NM 88240

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Absolute NNN Church’s Chicken offered with a 20-year lease and zero landlord responsibilities.

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Commercial Land Parcel

4120 N Lovington Hwy, Hobbs, NM 88240

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5.00 AC lot

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

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Hobbs, NM Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Hobbs, NM, showcased through 48 active listings on our real estate platform. These investment opportunities span a total of 78,077 square feet of properties for sale, with an estimated market value of $10,885,000.

Sale prices for business properties in Hobbs, NM start at $295,000, averaging $989,545, and reaching up to $3,600,000 — 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 average listing prices of real estate assets

Neighborhood	Average Price
88240	$985.3K
88242	$2.5M

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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