Advertise
    Hobbs, NM
    Land

    Hobbs, NM Land for Sale

    Notify Me
    List
    Map
    Seminole, TX Monument, NM Eunice, NM Lovington, NM Denver City, TX
    52 properties
    Sort:
    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
    View details
    Commercial Land Near Downtown
    Updated: Jun 5
    Commercial Land Near Downtown

    200 S LINAM ST, Hobbs, NM 88240

    $1,200,000
    1.78 AC lot
    1.78‑acre commercial land site
    Existing 1965 building requires extensive renovation
    Property offered as‑is
    Located at 200 S LINAM ST, Hobbs, NM 88240
    Near downtown amenities, shopping, and dining
    View details
    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.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    View details
    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

    View details
    Land, Hobbs, NM
    Land, Hobbs, NM

    10918 N Monarch St, Hobbs, NM 88242

    $250,000
    3.17 AC lot

    Land · 3.17 Acres

    View details
    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.

    View details
    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.

    View details
    Land, Hobbs, NM
    Land, Hobbs, NM

    7810 N WORLD Dr, Hobbs, NM 88240

    $425,000
    7.25 AC lot

    Land · 7.25 Acres

    View details
    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.

    View details
    High-Visibility Commercial Land
    High-Visibility Commercial Land

    4640 N Lovington Highway, Hobbs, NM 88240

    $800,000
    2.30 AC lot

    Commercial land with strong road exposure in a busy Hobbs area near Covenant Hospital and nearby hospitality and wellness uses.

    View details
    Land, Hobbs, NM
    Land, Hobbs, NM

    TBD MONUMENT Rd, Hobbs, NM 88240

    $106,000
    6.14 AC lot

    Land · 6.14 Acres

    View details
    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

    View details
    Commercial Land with Utilities
    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.

    View details
    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
    Land, Hobbs, NM
    Land, Hobbs, NM

    5029 W Longtail, Hobbs, NM 88240

    $58,000
    0.16 AC lot

    Land · 0.16 Acres

    View details
    Fenced Commercial Yard in Hobbs
    Fenced Commercial Yard in Hobbs

    414 E ARCO RD, Hobbs, NM 88240

    $300,000
    4.34 AC lot

    4.34-acre fenced commercial yard near Eunice Highway.

    View details
    Land, Hobbs, NM
    Land, Hobbs, NM

    5104 W Grey Ghost, Hobbs, NM 88240

    $58,000
    0.16 AC lot

    Land · 0.16 Acres

    View details
    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.

    View details
    Land, Hobbs, NM
    Land, Hobbs, NM

    5017 W Longtail, Hobbs, NM 88240

    $58,000
    0.16 AC lot

    Land · 0.16 Acres

    View details
    Commercial Highway Frontage Land
    Commercial Highway Frontage Land

    5820 N. Lovington Hwy N, Hobbs, NM 88240

    $260,000

    Commercial parcel with direct highway access in North Hobbs’ business district.

    View details
    Land, Hobbs, NM
    Land, Hobbs, NM

    5114 W Grey Ghost, Hobbs, NM 88240

    $59,000
    0.18 AC lot

    Land · 0.18 Acres

    View details
    Irrigated Ranch Land with Wells
    Irrigated Ranch Land with Wells

    6804 N GRIMES ST, Hobbs, NM 88240

    $1,850,000

    Ranch land with adjudicated water rights, three high-capacity irrigation wells, and an updated 3-bedroom manufactured home.

    View details
    Land, Hobbs, NM
    Land, Hobbs, NM

    5023 W Longtail, Hobbs, NM 88240

    $57,000
    0.14 AC lot

    Land · 0.14 Acres

    View details

    Hobbs, NM Land Market Trends and Statistics

    Explore 72 land for sale in Hobbs, NM, showcased through 52 active listings on our real estate platform. These investment opportunities span a total of 7,592,080 square feet of properties for sale, with an estimated market value of $25,397,065.

    Sale prices for lots in Hobbs, NM start at $57,000, averaging $705,474, and reaching up to $5,868,838 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 26
    Residential land & home lots 6
    Agricultural land / Farmland 2
    Industrial land 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 $264.9K
    88240 $749.8K

    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%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Land for Sale Near Hobbs, NM

    Popular Searches in Hobbs, NM

    Popular Categories

    Most Searched ZIP Codes in Hobbs, NM

    • 88240
    • 88242
    • 88260
    Why this one?
    Saved
    Reason not saved — we won't ask again

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!