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    Hobbs, NM Land for Sale

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    Seminole, TX Lovington, NM Monument, NM
    41 properties
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    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
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    Land with Well and Septic
    Updated: May 11
    Land with Well and Septic

    10918 N Monarch Street, Hobbs, NM 88242

    $275,000
    3.17 AC lot
    3 Acres of Land provides ample space.
    Existing Private Water Well already in place.
    Existing Septic System simplifies development.
    Room for Manufactured Home or Custom Build, offering flexibility.
    Suitable for Shop, Animals, or Investment, opening possibilities.
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    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.

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    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.

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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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    Flat 5-Acre Land Tract
    Flat 5-Acre Land Tract

    000 TBD E Kansas Street, Hobbs, NM 88242

    $105,000
    5.00 AC lot

    5-acre land tract located on the North side of Hobbs.

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    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.

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    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.

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    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.

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    Land in Hobbs, New Mexico
    Land in Hobbs, New Mexico

    N Shady Lane, Hobbs, NM 88242

    $55,000
    0.88 AC lot

    0.88-acre tract for quiet country living between Lovington and Hobbs.

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    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.

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    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.

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    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.

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    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.

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    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.

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    Prime Corner Land For Sale
    Prime Corner Land For Sale

    TBD E Navajo Drive, Hobbs, NM 88240

    $2,066,992

    Corner land available for development on a busy bypass.

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    Land For Sale
    Land For Sale

    141270 N Knowles Road, Hobbs, NM 88242

    $230,000
    11.02 AC lot

    11.02 acres of land available.

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    10.53 Acres on Millen
    10.53 Acres on Millen

    TBD Tract 3 Millen (South Side), Hobbs, NM 88240

    $3,669,494
    10.53 AC lot

    10.53 acres with frontage, suitable for retail or office.

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    Land in Growing Lea County
    Land in Growing Lea County

    000 Lot 3, Hobbs, NM 88240

    $653,400

    Land suitable for development in a rapidly growing area.

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    Lea County Land Opportunity
    Lea County Land Opportunity

    000 Lot 4, Hobbs, NM 88240

    $653,400

    Land available in growing area near major facilities.

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    Fenced Commercial Yard For Sale
    Fenced Commercial Yard For Sale

    TBD S Rash Road, Hobbs, NM 88240

    $150,000
    1.43 AC lot

    1.43 acre fenced commercial yard with highway access.

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    Corner Location Land For Sale
    Corner Location Land For Sale

    126 S Marland Boulevard, Hobbs, NM 88240

    $160,000

    Corner lot suitable for business development.

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    12.87 Acres on Millen
    12.87 Acres on Millen

    TBD Tract Two Millen (South Side), Hobbs, NM 88240

    $2,409,302
    12.87 AC lot

    12.87 acres suitable for multi-family or restaurant development.

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    Residential Lots in Hobbs, NM
    Residential Lots in Hobbs, NM

    5115 W Longtail Road, Hobbs, NM 88240

    $59,000
    0.18 AC lot

    Residential lots available for builders and investors in Hobbs.

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    Hobbs, NM Land Market Trends and Statistics

    Explore 72 land for sale in Hobbs, NM, showcased through 41 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 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 27
    Residential land & home lots 11
    Industrial land 2
    Agricultural land / Farmland 1

    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 $207.5K
    88240 $856.6K

    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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    • 88240
    • 88242

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