Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4100 Lovington Hwy Hobbs, NM 88240

    For Lease
    Contact for pricing

    Prime Lea County location, build-to-suit options.

    Lot size:
    195,584 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property in Hobbs, New Mexico, presents a unique investment opportunity. Located at 4100 N Lovington Hwy, this offering encompasses two parcels of land suitable for retail development. One parcel measures approximately one acre, while the other is significantly larger at approximately 3.492 acres. The property is zoned for commercial use and offers flexibility for build-to-suit projects, ground leases, or outright sale. The site's location in Lea County provides excellent visibility and accessibility, making it ideal for a variety of retail businesses. The property is currently vacant, allowing for complete customization to meet specific business needs. This is a rare chance to acquire prime commercial land in a thriving New Mexico market. The property's multiple tenancy potential allows for diverse development options, catering to a range of retail concepts. With its strategic location and substantial acreage, this property is poised for significant growth and return on investment. The zip code is 88240. Serious inquiries are encouraged to explore the possibilities of this exceptional retail land opportunity.

    Property Features for 4100 Lovington Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    195,584 SF

    Unit(s) available at that property

    Space
    Parcel 1
    Size
    43,560 SF
    Space
    Parcel 2
    Size
    152,024 SF

    HighLights

    • Strong retail trade zone population of 125,000.
    • Hobbs boasts robust sales, ranking fourth in New Mexico with $380 million in gross sales during August 2014 (behind Albuquerque, Santa Fe, and Las Cruces).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hobbs
    County
    Lea
    State
    New Mexico
    Longitude
    -103.1649564
    Latitude
    32.7449922

    Nearby Similar for Lease

    • Contact for pricing
      2,500 SF

      Retail Endcap on Joe Harvey

      High-visibility retail space in high-demand Hobbs corridor.
      1901 W Joe Harvey Blvd, Hobbs, NM 88240
      View Details
    • Contact for pricing
      1,600 SF

      Hobbs, NM Office Space for Lease

      Prime Hobbs office space, multiple suites available.
      3601 Grimes St, Hobbs, NM 88240
      View Details
    • Contact for pricing
      21,333 SF

      Hobbs Office Space: 6,329 SF Available

      Prime Hobbs location, flexible office space. High traffic, near major retailers.
      1701 Joe Harvey Blvd, Hobbs, NM 88240
      View Details
    • $7 SF/Yr
      28,000 SF

      Retail Space in Bel Aire Center

      28,000 SF available in established Hobbs shopping center.
      931 E Bender Blvd, Hobbs, NM 88240
      View Details
    • Contact for pricing
      1,920 SF

      Retail Center on Main Corridor

      Retail space in growing Hobbs commercial corridor for lease.
      3900 N Lovington Hwy, Hobbs, NM 88240
      View Details
    • Contact for pricing
      2,513 SF

      Retail Space in Hobbs, NM

      Retail space available for lease in Hobbs, New Mexico.
      3920 N Lovington Hwy, Hobbs, NM 88240
      View Details

    FAQs

    What type of property is this?
    Land - Prime Lea County location, build-to-suit options.
    Where is this land located?
    The property is located at 4100 Lovington Hwy Hobbs, NM.
    What are key features of this property?
    This property features: Strong retail trade zone population of 125,000.; Hobbs boasts robust sales, ranking fourth in New Mexico with $380 million in gross sales during August 2014 (behind Albuquerque, Santa Fe, and Las Cruces).;
    Request Owner's contact information
    4100 Lovington Hwy Hobbs, NM 88240
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4100 Lovington Hwy
    Hobbs, NM 88240
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4100 Lovington Hwy Hobbs, NM 88240
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.