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    Hobbs, NM

    Hobbs, NM Commercial Real Estate for Sale

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    Seminole, TX Monument, NM Eunice, NM Lovington, NM Denver City, TX
    59 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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    Flex Facility with Truck Bays
    Updated: Jan 19
    Flex Facility with Truck Bays

    602 W Sanger Street, Hobbs, NM 88240

    $1,200,000
    21,000 sqft
    5 fenced acres at 602 W Sanger Street, Hobbs, NM 88240
    21,000‑square‑foot flex facility
    Apx. 5100 sq ft of office space
    Over 15,000 sq ft of warehouse/shop area
    2 truck repair bays
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    12-Bay Warehouse with Loading
    12-Bay Warehouse with Loading

    821 S Grimes St, Hobbs, NM 88240

    $225,000
    4,000 sqft 0.90 AC lot

    Warehouse with overhead doors, separate delivery access, and room for office buildout.

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    Flex Space with Fenced Yard
    Flex Space with Fenced Yard

    1216 W Lea, Hobbs, NM 88240

    $898,000
    4,040 sqft 3.01 AC lot

    Office improvements include private work areas, a conference room, a breakroom, and restrooms.

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    Fenced Truck Terminal With Shop
    Fenced Truck Terminal With Shop

    821 S Rash, Hobbs, NM 88240

    $300,000
    2,400 sqft 0.94 AC lot

    Secured commercial yard with a substantial service building, gated entry, and direct municipal water service.

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    Professional Office Suite with Flex Space
    Professional Office Suite with Flex Space

    205 W Broadway St, Hobbs, NM 88240

    $420,000
    3,503 sqft

    Configured for professional operations with private offices, support rooms, meeting space, and client-facing reception.

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    Equestrian Property with Multiple Parcels
    Equestrian Property with Multiple Parcels

    5206 N Grimes St, Hobbs, NM 88242

    $2,500,000
    2,226 sqft

    Animal-focused property with fencing, pens, shelters, and supporting outbuildings already established.

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    Drive-Through Restaurant with Expansion Land
    Drive-Through Restaurant with Expansion Land

    1615 W Millen DR, Hobbs, NM 88240

    $2,300,000
    2,585 sqft 7.61 AC lot

    Restaurant building with a drive-through window, substantial parking, and additional acreage for future commercial development.

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    Commercial Land Near Downtown
    Commercial Land Near Downtown

    200 S LINAM ST, Hobbs, NM 88240

    $1,200,000
    1.78 AC lot

    One-acre-plus commercial site with an existing structure requiring extensive renovation and access to downtown-area amenities.

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    Four-Bay Auto Shop
    Four-Bay Auto Shop

    806 W MAIN St, Hobbs, NM 88240

    $330,000
    0.48 AC lot

    Metal-roof facility with office, bathroom, storage, parking, and customer entry from W Main St.

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    Fenced Flex Space with Shop
    Fenced Flex Space with Shop

    901 W Marland Blvd W, Hobbs, NM 88240

    $1,950,000
    8.00 AC lot

    Shop and office improvements sit within a fully fenced commercial property along a major thoroughfare.

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    Industrial Flex Property with Storage
    Industrial Flex Property with Storage

    1410 N WEST COUNTY Rd, Hobbs, NM 88240

    $630,000
    17.92 AC lot

    Expansive commercial site with office, storage buildings, parking, and fenced equipment storage.

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    Self-Storage Facility with Shop
    Self-Storage Facility with Shop

    1202 Broadway W, Hobbs, NM 88240

    $175,000
    0.53 AC lot

    A self-storage property combining multiple rental units with a dedicated shop on a compact commercial site.

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    Commercial Property on Grimes Street
    Commercial Property on Grimes Street

    821 S Grimes ST, Hobbs, NM 88240

    $225,000
    4,000 sqft 0.87 AC lot

    Commercial property with 12 freight bays and expansion potential.

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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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    Land, Hobbs, NM
    Land, Hobbs, NM

    N Tomlinson St, Hobbs, NM 88242

    $199,500
    2.31 AC lot

    Residential land & home lots · 2.31 Acres

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    Flex Space with Heated Shop
    Flex Space with Heated Shop

    8808 Eunice E, Hobbs, NM 88240

    $1,245,000
    3.19 AC lot

    Fenced acreage combines shop, office, and residential-style space with an electric entry gate.

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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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    Fenced Acre Flex Facility
    Fenced Acre Flex Facility

    901 W Marland St, Hobbs, NM 88240

    $1,950,000
    8.00 AC lot

    Shop-and-office configuration on a fenced commercial site along a major thoroughfare.

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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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    67-Room Sleep Inn & Suites Hotel
    67-Room Sleep Inn & Suites Hotel

    4630 N Lovington Hwy, Hobbs, NM 88240

    $6,000,000
    2.02 AC lot

    Three-story lodging property with indoor recreation amenities, meeting space, and business services for guest stays.

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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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    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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    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.

    View details

    Hobbs, NM Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Hobbs, NM, showcased through 59 active listings on our real estate platform. These investment opportunities span a total of 68,753 square feet of properties for sale, with an estimated market value of $40,752,227.

    Sale prices for business properties in Hobbs, NM start at $175,000, averaging $1,072,427, and reaching up to $6,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    Hobbs, NM CRE market trends — vacancy, lease rates and price per SF, updated monthly
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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 $836.8K
    88242 $1M

    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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