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    Hobbs, NM Land for Sale

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    Seminole, TX Lovington, NM Monument, NM Oil Center, NM Eunice, NM Denver City, TX
    39 properties
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    Prime Commercial Land Opportunity
    Updated: Nov 21, 2025
    Prime Commercial Land Opportunity

    4210 N. Lovington, Hobbs, NM 88240

    $2,242,000
    8 sqft
    Located at Hobbs' key retail intersection with high traffic count (23,967 vehicles per day).
    Anchor tenant is Texas Roadhouse, experiencing top sales and service performance.
    Over 80,000 residents within a 30‑minute drive.
    Pad 2 sold to Blake’s Lotaburger, with development plans targeted for 2025.
    Phase 2: +-4.291 gross acres with shared parking and drive aisles.
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    Industrial Acreage with Home
    Updated: May 14
    Industrial Acreage with Home

    100 S Mini Ranch, Hobbs, NM 88240

    $1,000,000
    3.00 AC lot
    3‑acre industrial/commercial property directly across from Lea County Regional Airport in Hobbs, NM
    Property includes an existing home on the 3‑acre site
    Located in a highly visible area with excellent access and traffic exposure
    Flexible use for business, rental income, or future development (per listing description)
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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    High-Visibility Commercial Land
    High-Visibility Commercial Land

    4640 N Lovington Highway, Hobbs, NM 88240

    Contact for pricing
    2.30 AC lot

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

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    Residential Development Land Parcel
    Residential Development Land Parcel

    704 Teague Dr, Hobbs, NM 88240

    $150,000
    2.00 AC lot

    Two-acre land parcel with a water well and septic already in place.

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    Commercial Land Opportunity For Sale
    Commercial Land Opportunity For Sale

    5360 W Dunnam, Hobbs, NM 88240

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    2.27 AC lot

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

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    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.

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    Commercial Land Parcel
    Commercial Land Parcel

    4120 N Lovington Hwy, Hobbs, NM 88240

    Contact for pricing
    5.00 AC lot

    Approximately 5-acre commercial parcel with city water and sewer available in front along Lovington Hwy.

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    Fenced Industrial Yard with Buildings
    Fenced Industrial Yard with Buildings

    4520 Business Park Blvd, Hobbs, NM 88240

    Contact for pricing
    750 sqft 15.00 AC lot

    Fenced yard with approximately 15 acres, including two small buildings on-site.

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    Development Land with Multiple Access Points
    Development Land with Multiple Access Points

    000 Lovington Hwy, Hobbs, NM 88240

    Contact for pricing
    24.00 AC lot

    Commercial development parcel on Lovington Highway with three potential access points and nearby major regional destinations.

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    Land For Sale
    Land For Sale

    141270 N Knowles Road, Hobbs, NM 88242

    Contact for pricing
    11.02 AC lot

    11.02 acres of land available.

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    Residential Development Lot
    Residential Development Lot

    213 E Gypsy St, Hobbs, NM 88240

    Contact for pricing
    0.08 AC lot

    A 26' x 142' lot with some utilities already available, offered for future residential development.

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    Irrigated Ranch Land with Wells
    Irrigated Ranch Land with Wells

    6804 N Grimes Street, Hobbs, NM 88240

    Contact for pricing

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

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    Food Truck Pad Site
    Food Truck Pad Site

    200 W Navajo Dr, Hobbs, NM 88240

    Contact for pricing

    Land designated as a food truck pad, available for sale.

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    Corner Lot for Site-Built Home
    Corner Lot for Site-Built Home

    515 E Clinton Street, Hobbs, NM 88240

    Contact for pricing

    Two-lot corner parcel suited for site-built or manufactured homes.

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    Land
    Land

    100 E Cope Pl, Hobbs, NM 88242

    $450,000

    Agricultural land / Farmland

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    Commercial Land on Hobbs-Lovington Highway
    Commercial Land on Hobbs-Lovington Highway

    6721 N World Drive, Hobbs, NM 88240

    Contact for pricing
    4.20 AC lot

    Prime 4.2 acre commercial land tract for sale.

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    Hobbs Vacant Land Opportunity
    Hobbs Vacant Land Opportunity

    TBD N Alto Drive, Hobbs, NM 88240

    Contact for pricing
    0.04 AC lot

    Strategically located vacant land ideal for commercial development.

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    Land For Sale
    Land For Sale

    219 N Grimes Street, Hobbs, NM 88240

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    1.58 AC lot

    1.58 acre land parcel available for purchase.

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    Prime Corner Land For Sale
    Prime Corner Land For Sale

    TBD E Navajo Drive, Hobbs, NM 88240

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    Corner land available for development on a busy bypass.

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    Corner Location Land For Sale
    Corner Location Land For Sale

    126 S Marland Boulevard, Hobbs, NM 88240

    Contact for pricing

    Corner lot suitable for business development.

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    Fenced Commercial Yard in Hobbs
    Fenced Commercial Yard in Hobbs

    414 E Arco Rd, Hobbs, NM 88240

    Contact for pricing
    4.34 AC lot

    4.34-acre fenced commercial yard near Eunice Highway.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    N Lovington Hwy, Hobbs, NM 88242

    Contact for pricing
    6.85 AC lot

    6.85 acres of commercial land on Lovington Hwy, Hobbs.

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    Residential Lot with 50x140 Dimensions
    Residential Lot with 50x140 Dimensions

    1 Texas St, Hobbs, NM 88260

    Contact for pricing
    0.16 AC lot

    Residential lot offered for sale, measuring 50 by 140 feet.

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    Hobbs, NM Land Market Trends and Statistics

    Explore 72 land for sale in Hobbs, NM, showcased through 39 active listings on our real estate platform. These investment opportunities span a total of 4,316,368 square feet of properties for sale, with an estimated market value of $10,484,838.

    Sale prices for lots in Hobbs, NM start at $57,000, averaging $873,736, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 24
    Residential land & home lots 12
    Industrial land 3
    Agricultural land / Farmland 2

    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 $792.4K

    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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    Most Searched ZIP Codes in Hobbs, NM

    • 88240
    • 88242
    • 88260

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