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Drive-Through Restaurant Property
For Sale
$2,300,000

1615 W Millen Dr, Hobbs, NM 88240

Commercial Sale, Hobbs, NM

Property Size2,585 SF
Lot Size7.62 Acres
Price / SF$889.75
Days on Market162

Property Features for 1615 W Millen Dr

General Information

Property type Commercial Sale
Property subtype Retail
Appliances Water Heater
Directions Frontage along Millen Dr starting at corner of Ja-Rob then West.
Subdivision New Mexico Mls
Standard status Active
APN 4920927115 and 49010
Size 2,585 SF
Lot size 7.62 Acres

Taxes and HOA fees

Tax Description Approx 7.61 Acres - Tract 1A and Tract 1B - Parcels 4920927115 and 4901014163914
Tax Annual Amount 26448
Legal Description Approx 7.61 Acres - Tract 1A and Tract 1B - Parcels 4920927115 and 4901014163914

Utilities

Heating system Forced Air

Building Details

Year built 2022
Flooring type Wood
Building materials Block - Cinder, Brick, Concrete, Crawlspace, Frame, Log, Masonry, Metal Frame, Siding, Slump Block, Fiberglass, Styrofoam, Clay Tile, Concrete Block, Mission Stone
Roof type Flat
Listing Agency: Robinson & Associates Real Estate
Listed By: Robbie Robinson · License #18732
Added: Mar 26 Changed: Sep 2 Last Checked: Sep 3 at 6:06AM
MLS# 20261742

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 2,585-square-foot commercial building was constructed in 2022 and configured for restaurant or retail use. Improvements include a drive-thru window, large parking lot, flat roof, wood flooring, forced-air heating, and a water heater. The property is classified under the drive-through restaurant asset type.

The Hobbs property sits north of a municipal middle school under construction and across from higher-end country residential subdivisions. It offers quick access to the North Grimes and Joe Harvey business strip, the developing Lovington Highway area, and the region surrounding the new hospital. Additional land is identified for future or additional professional and retail properties.

Key Highlights

  • 2,585‑square‑foot building constructed in 2022
  • Drive‑thru window supports restaurant operations
  • Large parking lot included with the building

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Restaurant Auto Parts Store Parking Lot & Garage

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

53
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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - The 2022 building includes a drive-thru window and large parking area within a developing commercial district.
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 building constructed in 2022; Drive‑thru window supports restaurant operations; Large parking lot included with the building
More about this property
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