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Commercial Land Near Downtown
For Sale
$1,200,000

200 S LINAM ST, Hobbs, NM 88240

Commercial Sale, Hobbs, NM

Property SizeContact for details
Lot Size1.78 Acres
Days on Market91

Property Features for 200 S LINAM ST

General Information

Property type Commercial Sale
Property subtype Other
Subdivision New Mexico Mls
Standard status Active
APN 4000043600001
Lot size 1.78 Acres

Taxes and HOA fees

Tax Description Subdivision: ORIG HOBBS BLOCK 52 LOT 19 BLOCK 52 LOT 20 BLOCK 52 LOT 21 BLOCK 52 LOT 22 BLOCK 52 LOT 23 BLOCK 52 LOT 24
Tax Annual Amount 19334
Legal Description Subdivision: ORIG HOBBS BLOCK 52 LOT 19 BLOCK 52 LOT 20 BLOCK 52 LOT 21 BLOCK 52 LOT 22 BLOCK 52 LOT 23 BLOCK 52 LOT 24

Building Details

Year built 1965
Listing Agency: Berkshire Hathaway Home Services Enchanted Lands - Hobbs · Berkshire Hathaway HomeServices
Listed By: Annabel Horne · License #REC-2022-1253
Added: Jun 5 Changed: Sep 2 Last Checked: Sep 3 at 2:06PM
MLS# 20263330

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.78-acre commercial land offering includes an existing building constructed in 1965. The structure requires extensive renovation and is offered in its current condition. The property’s scale and commercial classification support consideration of redevelopment or substantial repositioning, subject to applicable approvals and site requirements.

Located at 200 S Linam St in Hobbs, the site is near downtown amenities, shopping, dining, and major thoroughfares. The surrounding high-traffic setting provides convenient access for commercial uses identified in the property information, including professional office, healthcare, and service-oriented operations.

Key Highlights

  • 1.78‑acre commercial land site
  • Existing 1965 building requires extensive renovation
  • Property offered as‑is

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Real Estate Agency Computer & Electronic Repair (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

799
Businesses Nearby

Demographics for 88240, NM

42,386
Population
16,490
Households
2.6
Avg Household Size
31
Median Age
17%
College-Educated
76%
High-School Grad
600.2 sq mi
ZIP Area
71
Density / Sq Mi
$65,394
Median Household Income
$37,178
Median Earnings
$1,124
Median Rent
$177,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - One-acre-plus commercial site with an existing structure requiring extensive renovation and access to downtown-area amenities.
Where is this commercial land located?
The property is located at 200 S LINAM ST Hobbs, NM.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1.78‑acre commercial land site; Existing 1965 building requires extensive renovation; Property offered as‑is
More about this property
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