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    Hobbs, NM
    Restaurants

    Hobbs, NM Restaurants for Sale

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    Seminole, TX Monument, NM Eunice, NM Lovington, NM Denver City, TX
    Drive-Through Restaurant Property
    Updated: Mar 26
    Drive-Through Restaurant Property

    1615 W Millen Dr, Hobbs, NM 88240

    $2,300,000
    2,585 sqft 7.62 AC lot
    2,585‑square‑foot building constructed in 2022
    Drive‑thru window supports restaurant operations
    Large parking lot included with the building
    Additional land designated for future professional or retail properties
    North of the new Hobbs municipal middle school
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    Drive-Through Restaurant with Expansion Land
    Updated: Sep 18
    Drive-Through Restaurant with Expansion Land

    1615 W Millen DR, Hobbs, NM 88240

    $2,300,000
    2,585 sqft 7.61 AC lot
    2,585‑square‑foot retail and restaurant building
    Drive‑through window with large parking lot
    7.61 acres total site area
    1.135 acres developed with building and parking
    Additional 6.475 acres for future development
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    Fully Equipped Operating Restaurant
    Fully Equipped Operating Restaurant

    604 E Broadway ST, Hobbs, NM 88240

    $675,000

    Fully equipped and operating restaurant available for sale, with showings only Sundays and Mondays.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Starbucks Investment Opportunity in Hobbs
    Starbucks Investment Opportunity in Hobbs

    1824 Joe Harvey Blvd, Hobbs, NM 88240

    Contact for pricing
    1,752 sqft

    NN Lease Starbucks with drive-thru in Hobbs, NM for sale.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 4 Active listings in Hobbs, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Restaurant with Commercial Kitchen
    Restaurant with Commercial Kitchen

    218 S 1st St, Lovington, NM 88260

    $775,000
    2,638 sqft

    Three seating rooms include a private party area and a full-service kitchen.

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    Turn-Key Mexican Restaurant Property
    Turn-Key Mexican Restaurant Property

    218 S 1st ST, Lovington, NM 88260

    $775,000

    Spanish adobe restaurant with three main seating rooms, full commercial kitchen, and an expanded newly paved parking lot.

    View details
    Commercial Land with Metal Building
    Commercial Land with Metal Building

    768 W US Hwy 62-180W, Seminole, TX 79360

    $2,800,000
    7,350 sqft 20.01 AC lot

    Improved acreage includes a metal building with a commercial kitchen, showroom floor, bathrooms, and an adjacent residence.

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    Commercial Land with Metal Building
    Commercial Land with Metal Building

    768 W US Hwy 62-180, Seminole, TX 79360

    $2,800,000
    20.01 AC lot

    Highway frontage includes a commercial kitchen, showroom area, stage, bathrooms, and an adjacent residential structure.

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    Off-Market Properties in Hobbs, NM

    Consider similar Off-Market properties in Hobbs, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1824 Joe Harvey Blvd
    Restaurants

    1824 Joe Harvey Blvd, Hobbs, NM 88240

    Estimated value: by Request
    1,752 sqft 0.55 AC lot
    View details
    1005 Joe Harvey Blvd
    Restaurants

    1005 Joe Harvey Blvd, Hobbs, NM 88240

    Estimated value: by Request
    2,400 sqft 0.85 AC lot
    View details

    Hobbs, NM Restaurants Market Trends and Statistics

    Explore 12 restaurants for sale in Hobbs, NM, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 6,922 square feet of properties for sale, with an estimated market value of $5,275,000.

    Sale prices for restaurant properties in Hobbs, NM start at $675,000, averaging $1,758,333, and reaching up to $2,300,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2
    Drive through restaurants 2
    Coffee shops 1

    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 $1.8M

    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%

    How Realmo verifies these figures

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