Mixed-Use

Hobbs, NM Mixed-use Properties for Sale

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Monument, NM Eunice, NM
Equestrian Property with Multiple Parcels
Updated: Mar 18
Equestrian Property with Multiple Parcels

5206 N Grimes St, Hobbs, NM 88242

$2,500,000
2,226 sqft
Four separate parcels totaling approximately 4.47 acres
2,226‑square‑foot commercial building plus a residential property at 713 W. Kara
Equine and livestock facility with pipe fencing, multiple pens, shelters, and outbuildings
Located at 5206 N Grimes St, Hobbs, NM 88242
Main building constructed in 1991 with frame construction, siding, and a metal roof
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Fenced Commercial Property For Sale
Updated: May 14
Fenced Commercial Property For Sale

400 W Apache, Hobbs, NM 88240

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1,900 sqft 4.00 AC lot
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.
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2 active listings match your search: Mixed-Use for sale in Hobbs, NM. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Self-Storage Facility with Office Space
Self-Storage Facility with Office Space

2416 W Church ST, Carlsbad, NM 88220

$800,000
840 sqft

Established storage operation with office, service-vehicle parking, and additional flexible building space.

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Mixed-Use Building with Rear Quarters
Mixed-Use Building with Rear Quarters

305 NW 2nd St, Andrews, TX 79714

$175,000
2,202 sqft 0.16 AC lot

Several office rooms and a broad open area provide a flexible interior layout.

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Mixed-Use Property with Shops
Mixed-Use Property with Shops

1502,06 W Broadway, Andrews, TX 79714

$950,000
7,200 sqft 1.72 AC lot

A heated shop, separate office space, and a three-bedroom residence occupy one fenced commercial parcel.

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Mixed-Use Property with Living Quarters
Mixed-Use Property with Living Quarters

1603 W Church St, Carlsbad, NM 88220

$625,000

C-2 zoning and a one-bedroom residence accompany an open retail area.

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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 4,126 square feet of properties for sale, with an estimated market value of $2,500,000.

Sale prices for multi use buildings in Hobbs, NM average $2,500,000 — 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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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
88242 $2.5M

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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