Listing Agency: Burkett - Shaw Realty / Hobbs

Listed By: Bobby Shaw · License #19614 Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 14 Last Checked: Sep 3 at 2:30AM

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Investment Insights

Based on property information with market context.

This is an approximately 5-acre commercial land parcel. The owner may consider subdividing, which could support future layout flexibility depending on the buyer’s plan.

The property is described as a great commercial location near areas of motel development. City water and sewer are available in front of the property along Lovington Hwy.

Given the stated utility availability and the owner’s openness to subdivision, the site may be suited for buyers seeking a commercial land footprint with potential for multiple phases or lots.

Key Highlights

• Approximately 5‑acre commercial parcel
• City water and sewer available in front of the property along Lovington Hwy
• Owner may consider subdividing

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Garden Center HVAC Service Grocery & Convenience Store

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

Lease Details

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

236

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

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

Where is this commercial land located?

The property is located at 4120 N Lovington Hwy Hobbs, NM.

What are key features of this property?

This property features: Approximately 5‑acre commercial parcel; City water and sewer available in front of the property along Lovington Hwy; Owner may consider subdividing