Drive-Through Restaurant with Expansion
New
For Sale
$2,300,000
1615 W Millen DR, Hobbs, NM 88240
Restaurant building with a drive-through window, substantial parking, and additional acreage for future commercial development.
Property Size2,585 SF
Lot Size7.61 Acres
Price / SF$889.75
Days on Market7
Property Features for 1615 W Millen DR
General Information
Standard status
Active
Size
2,585 SF
Lot size
7.61 Acres
Additional Details
Drive-Thru
Yes
Building Details
Buildings
1
Listing Agency:
Robinson & Associates Real Estate
Listed By:
Robbie Robinson · License #18732
(575) 392-0266
Source:
Homesteaders-realty
Added: Sep 18
Last Checked: Sep 22 at 3:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Robinson & Associates Real Estate
Investment Insights
Based on property information with market context.
This drive-through restaurant property includes a 2,585-square-foot retail and restaurant building with a dedicated drive-through window and a large parking area. The full site encompasses 7.61 acres, including 1.135 acres improved with the building and parking lot. An additional 6.475 acres remains available for future or complementary professional and retail development.
The property is positioned north of a new Hobbs municipal middle school under construction and across from country residential subdivisions. It also offers access to the North Grimes and Joe Harvey business corridor, the developing Lovington Highway area, and the region surrounding the new hospital.
The property is positioned north of a new Hobbs municipal middle school under construction and across from country residential subdivisions. It also offers access to the North Grimes and Joe Harvey business corridor, the developing Lovington Highway area, and the region surrounding the new hospital.
Key Highlights
- 2,585‑square‑foot retail and restaurant building
- Drive‑through window with large parking lot
- 7.61 acres total site area
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
33k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Allsups
Shops & Services
11,836 visits/mo
0.5 miles
Dollar General
Shops & Services
8,266 visits/mo
0.3 miles
Family Dollar
Shops & Services
6,563 visits/mo
0.1 miles
Stripes
Shops & Services
3,376 visits/mo
0.1 miles
Phillips 66
Shops & Services
3,342 visits/mo
0.1 miles
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
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Restaurant building with a drive-through window, substantial parking, and additional acreage for future commercial development.
Where is this drive through restaurant located?
The property is located at 1615 W Millen DR Hobbs, NM.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 2,585‑square‑foot retail and restaurant building; Drive‑through window with large parking lot; 7.61 acres total site area
