High-Visibility Commercial
For Sale
$800,000
4640 N Lovington Highway, Hobbs, NM 88240
Commercial land with strong road exposure in a busy Hobbs area near Covenant Hospital and nearby hospitality and wellness uses.
Property SizeContact for details
Lot Size2.30 Acres
Days on Market105
Property Features for 4640 N Lovington Highway
General Information
Standard status
Active
Lot size
2.30 Acres
Property subtype
Land
Additional Details
Road Access
Yes
Listing Agency:
Permian Real Estate
(575) 964-7000
Listed By:
Erin Anderson · License #19757
(575) 694-4717
Source:
Homesteaders-realty
Added: Jul 18
Changed: Oct 25
Last Checked: Oct 28 at 7:51AM
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 Permian Real Estate
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Investment Insights
Based on property information with market context.
This 2.3-acre commercial land site offers development flexibility in a busy area of Hobbs, New Mexico. The property is positioned for strong exposure along a well-traveled road, supporting visibility for current businesses and future development plans.
Located at 4640 N. Lovington Highway, the site sits just south of the new Covenant Hospital. It also benefits from proximity to several hotels, Zia Park Casino, and the CORE Family Wellness Center, which can support consistent area traffic.
With its combination of size and high-visibility frontage, this property can be a practical fit for a range of development concepts that value access to established medical, hospitality, and wellness activity in the surrounding market.
Located at 4640 N. Lovington Highway, the site sits just south of the new Covenant Hospital. It also benefits from proximity to several hotels, Zia Park Casino, and the CORE Family Wellness Center, which can support consistent area traffic.
With its combination of size and high-visibility frontage, this property can be a practical fit for a range of development concepts that value access to established medical, hospitality, and wellness activity in the surrounding market.
Key Highlights
- 2.3‑acre commercial land at 4640 N. Lovington Highway in Hobbs, New Mexico
- High exposure along one of the city’s well‑traveled roads
- Located just south of Covenant Hospital
Property Analytics
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Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
97
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land with strong road exposure in a busy Hobbs area near Covenant Hospital and nearby hospitality and wellness uses.
Where is this commercial land located?
The property is located at 4640 N Lovington Highway Hobbs, NM.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 2.3‑acre commercial land at 4640 N. Lovington Highway in Hobbs, New Mexico; High exposure along one of the city’s well‑traveled roads; Located just south of Covenant Hospital
