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    Property profile & analytics

    4220 Lovington Hwy Hobbs, NM 88240

    • Commercial real estate
    • 4,000 SF
    • 1.30 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US61-0643736
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • E&M Auto Mechanic / Auto Repair Shop / Auto Machine Shop

    Property Details for 4220 Lovington Hwy

    Lot size
    1.30 lot acres
    Property size
    4,000 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial property in Hobbs, New Mexico, presents a unique investment opportunity. Located at 4220 N Lovington Highway, this 1.3-acre lot boasts a substantial 4,000 square foot building, perfect for a variety of commercial uses. The single-tenant building features a spacious shop area, a dedicated reception area, a well-appointed office, and two convenient bathrooms. Additional storage or parts room space is also included, adding to the property's versatility. The property is fully fenced, and includes a caliche yard providing ample space for outdoor operations or storage. The location offers high visibility and is situated in a high-traffic area, ensuring maximum exposure for your business. The property's APN is 4000422090001. This is an ideal location for businesses seeking a prominent presence in a thriving New Mexico community. The property's size and features make it suitable for a wide range of commercial enterprises. The combination of building space, outdoor area, and prime location makes this a truly compelling investment prospect. The zip code is 88240. This property is ready for immediate occupancy and offers significant potential for growth and return on investment.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hobbs
    County
    Lea
    State
    New Mexico
    Longitude
    -103.1670146
    Latitude
    32.7472093

    Comparable in this City

    • Contact for pricing
      195,584 SF

      Hobbs Retail Land Opportunity

      Prime Lea County location, build-to-suit options.
      4100 Lovington Hwy, Hobbs, NM 88240
      View Details
    • Contact for pricing

      Hobbs, NM Commercial Warehouse

      High-traffic corner lot, versatile space.
      109 Dal Paso St, 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
      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
    • $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

    Similar Nearby for Sale

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      Prime Lea County land, ideal for development.
      Arkansas Junction, NM 88240
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    • $1,650,000

      Hobbs, NM Warehouse - $1.65M

      Prime Lea County industrial property; ideal for oilfield or trucking.
      1430 Bender Blvd, Hobbs, NM 88240
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    • $160,000

      Hobbs Commercial Land - Prime Location

      20,037 sq ft Commercial Lot, $160,000
      126 Marland Blvd, Hobbs, NM 88240
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    • $120,155

      Hobbs, NM Land - Prime Location

      14,374.8 sq ft lot, build-ready.
      1203 Cambridge St, Arkansas Junction, NM 88240
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    Similar Nearby for Lease

    • Contact for pricing
      195,584 SF

      Hobbs Retail Land Opportunity

      Prime Lea County location, build-to-suit options.
      4100 Lovington Hwy, Hobbs, NM 88240
      View Details
    • Contact for pricing

      Hobbs, NM Commercial Warehouse

      High-traffic corner lot, versatile space.
      109 Dal Paso St, 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
      1,600 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
      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
    • 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

    Property Visit Statistics

    • Visits by month
      33.6k
    • Visitors by month
      25.8k
    • Avg Time on site
      74 min
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    4220 Lovington Hwy
    Hobbs, NM 88240
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    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
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