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Hobbs, NM

Hobbs, NM Commercial Real Estate for Sale

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Seminole, TX Lovington, NM Monument, NM

38 properties

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Hobbs Retail/Restaurant with Drive-Thru

Updated: Mar 26

Hobbs Retail/Restaurant with Drive-Thru

1615 W Millen Drive, Hobbs, NM 88240

$2,300,000

2,585 sqft · 7.62 AC lot

2585 SF retail/restaurant building with a drive‑thru window
7.61 total acres: 1.135 acres developed with the building and parking lot plus 6.475 acres for future development
Large on‑site parking lot with parking lot access
Central air and forced‑air heating; water heater included
Stucco construction with a flat roof

Hobbs, NM Land Available

Updated: Mar 20

Hobbs, NM Land Available

Tract 2 Phase 3, Hobbs, NM 88240

$682,000

14.13 AC lot

Close proximity to Zia Park Casino
Convenient access to Walmart
Near two hospitals
Close to New Mexico Junior College
Proximity to Lea County Event Center

NN Leased Restaurant Investment Opportunity

NN Leased Restaurant Investment Opportunity

3619 NW County Rd, Hobbs, NM

$2,053,333

3,622 sqft · 1.91 AC lot

NN leased restaurant with attractive rental escalations and renewal options.

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

Flexible Office Building on Corner Lot

Flexible Office Building on Corner Lot

201 E Sanger Street, Hobbs, NM 88240

$720,000

4,400 sqft

Flexible office layout with 12 rooms, multiple lobbies, and kitchen facilities on both levels for professional or medical use.

Hobbs, NM Land Available

Hobbs, NM Land Available

141270 N Knowles Road, Hobbs, NM 88242

$230,000

11.02 AC lot

11.02 acres of commercial land for sale.

Commercial Land in Hobbs, NM

Commercial Land in Hobbs, NM

Rash/Texico Street, Hobbs, NM 88240

$350,000

2.77 AC lot

2.77 acres of commercial land available for development.

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.

Land on N Marland Boulevard

Land on N Marland Boulevard

N Marland Boulevard, Hobbs, NM 88240

$225,000

1.57 AC lot

1.33 acres of prime property on N Marland.

Commercial Land Opportunity For Sale

Commercial Land Opportunity For Sale

5360 W Dunnam, Hobbs, NM 88240

$165,000

2.27 AC lot

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

Manufactured Construction Storage Facility

Manufactured Construction Storage Facility

100 W Taos St, Hobbs, NM 88240

Contact for pricing

For sale storage and warehouse asset in Hobbs, with reported strong 2025 operating performance.

7.25 Acres Land in Hobbs

7.25 Acres Land in Hobbs

7810 N World Drive, Hobbs, NM 88240

$425,000

7.25 AC lot

7.25 acres of commercial land available in Hobbs, NM.

Fenced Commercial Property For Sale

Fenced Commercial Property For Sale

400 W Apache, Hobbs, NM 88240

Contact for pricing

1,900 sqft · 4.00 AC lot

Versatile commercial property with office and shop/storage building.

Hobbs, NM Land For Sale

Hobbs, NM Land For Sale

408 E Byers Street, Hobbs, NM 88240

$49,000

0.08 AC lot

Land available in Hobbs, NM with utilities nearby.

Event Venue with Spacious Barn

Event Venue with Spacious Barn

12915 N Denver City Highway, Hobbs, NM 88242

$450,000

2,400 sqft · 5.00 AC lot

Versatile event venue featuring a 2,400 sq ft barn.

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.

Brand-New Retail/Office Strip Center

228 E Navajo Drive, Hobbs, NM 88240

Contact for pricing

2,622 sqft

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

Prime Retail Space in Hobbs

Prime Retail Space in Hobbs

118 N Turner Street, Hobbs, NM 88240

$600,000

9,000 sqft

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

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.

Fenced Industrial Truck Yard

Fenced Industrial Truck Yard

440 E Campbell, Hobbs, NM 88240

Contact for pricing

11.00 AC lot

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

Commercial Property on Grimes Street

Commercial Property on Grimes Street

821 S Grimes Street, Hobbs, NM 88240

$250,000

4,000 sqft · 0.87 AC lot

Commercial property with 12 freight bays and expansion potential.

Mixed-Use Property with Kitchen

Mixed-Use Property with Kitchen

508 N Dalmont Street, Hobbs, NM 88240

$193,700

Mixed-use property suitable for office and residential use.

Live-Work Space with Kitchen

Live-Work Space with Kitchen

508 N Dalmont Street, Hobbs, NM 88240

$193,700

1,539 sqft

Unique building suitable for business and residential use.

409 Acres of Agricultural Land

409 Acres of Agricultural Land

E Navajo Drive, Hobbs, NM 88240

$3,067,500

409.11 AC lot

409-acre agricultural land parcel in Hobbs, New Mexico for sale.

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.

Hobbs, NM Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Hobbs, NM, showcased through 38 active listings on our real estate platform. These investment opportunities span a total of 39,306 square feet of properties for sale, with an estimated market value of $11,297,833.

Sale prices for business properties in Hobbs, NM start at $197,500, averaging $1,027,075, and reaching up to $2,300,000 — 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
88242	$335K
88240	$1.1M

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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