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    Hobbs, NM Commercial Real Estate for Sale

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    Eunice, NM Lovington, NM Seminole, TX
    26 results
    Hobbs Retail/Restaurant with Drive-Thru
    $2,300,000
    2,585 SF

    Hobbs Retail/Restaurant with Drive-Thru

    1615 W Millen Drive, Hobbs, NM 88240

    2585 SF retail/restaurant on 7.61 acres with drive-thru.

    • Prime commercial property in Hobbs North developing business district.
    • Large 7.61‑acre lot with 6.475 acres available for future development.
    • 2585 sqft retail/restaurant building with drive‑thru window.
    • Large parking lot.
    • Centrally located with quick access to business strips and the new hospital region.
    Updated: Mar 26
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    Hobbs Multi-Office Building For Sale
    $425,000
    5,000 SF

    Hobbs Multi-Office Building For Sale

    311 W Broadway Street, Hobbs, NM 88240

    Large office building in downtown Hobbs, suitable for medical or office.

    • Large multi‑office building in downtown Hobbs.
    • Originally remodeled with private bathrooms in several rooms, suitable for medical or other professional use.
    • Large reception lounge at front entrance.
    • Includes breakroom and laundry closet.
    • Located in Hobbs, a hub for economic growth due to oil production and uranium enrichment facility expansion.
    Updated: Dec 18, 2024
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    Hobbs, NM Land Available
    $682,000
    14.13 Acres

    Hobbs, NM Land Available

    14.13 acres of commercial land for sale in Hobbs.

    Tract 2 Phase 3, Hobbs, NM 88240
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    Commercial Land in Hobbs, NM
    $350,000
    2.77 Acres

    Commercial Land in Hobbs, NM

    2.77 acres of commercial land available for development.

    Rash/Texico Street, Hobbs, NM 88240
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    Commercial Land Opportunity For Sale
    $165,000
    2.27 Acres

    Commercial Land Opportunity For Sale

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

    5360 W Dunnam, Hobbs, NM 88240
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    Prime Commercial Land Opportunity
    $2,242,000

    Prime Commercial Land Opportunity

    Multi-parcel project with high traffic and development potential.

    4210 N. Lovington, Hobbs, NM 88240
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    Hobbs, NM Land Available
    $230,000
    11.02 Acres

    Hobbs, NM Land Available

    11.02 acres of commercial land for sale.

    141270 N Knowles Road, Hobbs, NM 88242
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    Commercial Property on Eunice Highway
    $750,000
    3,750 SF

    Commercial Property on Eunice Highway

    Commercial property with offices, shop, and ample yard space.

    6808 S Eunice Highway, Hobbs, NM 88240
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    Hobbs, NM Land For Sale
    $49,000
    0.08 Acres

    Hobbs, NM Land For Sale

    Land available in Hobbs, NM with utilities nearby.

    408 E Byers Street, Hobbs, NM 88240
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    Land on N Marland Boulevard
    $225,000
    1.57 Acres

    Land on N Marland Boulevard

    1.33 acres of prime property on N Marland.

    N Marland Boulevard, Hobbs, NM 88240
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    NN Leased Restaurant Investment Opportunity
    $1,733,000
    3,622 SF

    NN Leased Restaurant Investment Opportunity

    NN leased restaurant with attractive rental escalations and renewal options.

    3619 NW County Rd, Hobbs, NM
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    7.25 Acres Land in Hobbs
    $425,000
    7.25 Acres

    7.25 Acres Land in Hobbs

    7.25 acres of commercial land available in Hobbs, NM.

    7810 N World Drive, Hobbs, NM 88240
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    2.5 Acres on South Ryco
    Contact for pricing
    2.50 Acres

    2.5 Acres on South Ryco

    2.5 acres of commercial land for lease in Hobbs.

    S Ryco Lane, Hobbs, NM 88240
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    Commercial Land on Lovington Highway
    $2,242,000
    8.74 Acres

    Commercial Land on Lovington Highway

    4.291 acres of commercial land with high traffic count.

    SEC N Lovington Hwy and Magnolia Dr, Hobbs, NM
    View details
    Event Venue with Spacious Barn
    $450,000
    2,400 SF

    Event Venue with Spacious Barn

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

    12915 N Denver City Highway, Hobbs, NM 88242
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    5-Acre Shop on Lovington Hwy
    $310,000
    5,000 SF

    5-Acre Shop on Lovington Hwy

    5-acre commercial property with 5,000 sq ft shop.

    10576 W Stiles Road, Hobbs, NM 88242
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    Commercial Property on Grimes Street
    $299,000
    4,000 SF

    Commercial Property on Grimes Street

    Commercial property with 12 freight bays and expansion potential.

    821 S Grimes Street, Hobbs, NM 88240
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    Live-Work Space with Kitchen
    $197,500
    1,539 SF

    Live-Work Space with Kitchen

    Unique building suitable for business and residential use.

    508 N Dalmont Street, Hobbs, NM 88240
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    409 Acres of Agricultural Land
    $3,067,500
    409.11 Acres

    409 Acres of Agricultural Land

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

    E Navajo Drive, Hobbs, NM 88240
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    Fenced Commercial Yard in Hobbs
    $300,000
    4.34 Acres

    Fenced Commercial Yard in Hobbs

    4.34-acre fenced commercial yard near Eunice Highway.

    414 E Arco Rd, Hobbs, NM 88240
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    Commercial Land in Hobbs, NM
    $337,154
    4.30 Acres

    Commercial Land in Hobbs, NM

    4.295 acres of land available for commercial development.

    W County Road, Hobbs, NM 88240
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    Land in Growing Lea County
    $653,400

    Land in Growing Lea County

    Land suitable for development in a rapidly growing area.

    000 Lot 3, Hobbs, NM 88240
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    Lea County Land Opportunity
    $653,400

    Lea County Land Opportunity

    Land available in growing area near major facilities.

    000 Lot 4, Hobbs, NM 88240
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    Starbucks Investment Opportunity in Hobbs
    $1,750,000
    1,752 SF

    Starbucks Investment Opportunity in Hobbs

    NN Lease Starbucks with drive-thru in Hobbs, NM for sale.

    1824 Joe Harvey Blvd, Hobbs, NM 88240
    View details

    Hobbs, NM Commercial Real Estate Investment Opportunities Market Analysis

    Explore 345 commercial real estate for sale in Hobbs, NM, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 29,656 square feet of properties for sale, with an estimated market value of $10,456,500.

    Sale prices for business properties in Hobbs, NM start at $197,500, averaging $1,045,650, 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 Strategic 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 $335K
    88240 $805.8K

    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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