Hobbs, NM
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    Hobbs, NM Mixed-use Properties for Sale

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    Seminole, TX Lovington, NM Monument, NM
    Fenced Commercial Property For Sale
    Contact for pricing
    1,900 SF
    Fenced Commercial Property For Sale

    400 W Apache, Hobbs, NM 88240

    Versatile commercial property with office and shop/storage building.
    • Approximately 4 fully fenced acres with automatic gated entrance.
    • Versatile property suitable for industrial, commercial, or operational use.
    • Office building with reception area and two spacious offices (approximately 700 SF).
    • Separate ±1,200 SF shop/storage building.
    • Durable R‑panel fencing.
    Updated: May 11
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    Mixed-Use Property with Kitchen
    $197,500
    Mixed-Use Property with Kitchen

    508 N Dalmont Street, Hobbs, NM 88240

    Mixed-use property suitable for office and residential use.
    • Great location for a professional office.
    • Unique building design.
    • Full kitchen area.
    • Bathroom with shower.
    • Potential to live and work in the same location.
    Updated: Nov 6, 2024
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Hobbs, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Midland Development Opportunity
    $6,368,036
    8.86 Acres
    Prime Midland Development Opportunity

    8.86-acre parcel ideal for retail or mixed-use development.

    Tradewinds Blvd, Midland, TX 79706

    View details
    Versatile Warehouse on Large Lot
    $749,000
    5,520 SF
    Versatile Warehouse on Large Lot

    Commercial property featuring a spacious lot and mid-size warehouse.

    800 S Grant, Odessa, TX 79761

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    Log Cabin with Large Shop
    $599,000
    2,100 SF
    Log Cabin with Large Shop

    Unique log cabin on 1 acre with a massive shop.

    1525 N Avenue D, Odessa, TX 79763

    View details
    Retail and Office Development Site
    Contact for pricing
    Retail and Office Development Site

    Retail and office sites available in new development.

    5400 Briarwood Ave, Midland, TX 79707

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    11.94 Acres in Gardendale, TX
    $501,480
    11.94 Acres
    11.94 Acres in Gardendale, TX

    Development-ready 11.94-acre tract in a high-growth Midland County corridor.

    15225 N Pecan Ave, Gardendale, TX 79758

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    Gardendale Land for Development
    $834,780
    19.84 Acres
    Gardendale Land for Development

    19.84 acres in Gardendale, TX, suitable for multiple uses.

    Goldenrod Dr, Gardendale, TX 79758

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    Land For Sale in Midland
    $135,000
    1.00 Acre
    Land For Sale in Midland

    Multiple lots available for commercial, industrial, or residential use.

    County Rd 54 lot: 13, Midland, TX 79706

    View details
    Odessa, TX Land Parcel
    $643,150
    6.77 Acres
    Odessa, TX Land Parcel

    6.77 acre land parcel in Odessa, Texas.

    S Dixie Blvd, Odessa, TX 79765

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    Hobbs, NM Mixed-Use Properties Market Trends and Statistics

    Explore 2 mixed-use properties for sale in Hobbs, NM on our real estate platform. These investment opportunities span a total of 1,900 square feet of properties for sale, with an estimated market value of $204,800.

    Sale prices for multi use buildings in Hobbs, NM start at $7,300, averaging $102,400, and reaching up to $197,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Live-work space 2

    Demographics Overview

    Population 50K
    Population Growth (5Y) +4.5%
    Median Household Income $69,020
    College Educated 12.0%

    High-Yield Neighborhoods for Investment

    Identify Hobbs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    88240 $315.8K

    Taxes & Financing

    Tax Rate (average for all types) 2.68%
    Property Tax per SF $10.31 per SF
    Tax Rate vs County Average 0.11 pp below county avg
    Average Loan-to-Value 65.0%

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