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    Hobbs, NM
    Retail

    Hobbs, NM Retail Space for Sale

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    Seminole, TX Lovington, NM Monument, NM Oil Center, NM Eunice, NM Denver City, TX
    Fenced Commercial Property For Sale
    Updated: May 11
    Fenced Commercial Property For Sale

    400 W Apache, Hobbs, NM 88240

    Contact for pricing
    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.
    View details
    Prime Retail Space in Hobbs
    Updated: Jul 27, 2024
    Prime Retail Space in Hobbs

    118 N Turner Street, Hobbs, NM 88240

    $600,000
    9,000 sqft
    Located in the central business district of Hobbs, New Mexico.
    Approximately 9000 square feet of space.
    Suitable for small to large businesses.
    Previously used as a salon.
    Suitable for a medical office.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 Active listings in Hobbs, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 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.

    Remodeled Commercial Building with Storage
    Remodeled Commercial Building with Storage

    116 N Main, Denver City, TX 79323

    $175,000
    6,000 sqft 0.16 AC lot

    Recently remodeled building with offices, one bathroom, and storage, supported by new electrical, plumbing, and HVAC.

    View details
    Brick Retail Building with Street Frontage
    Brick Retail Building with Street Frontage

    112 N Main St, Andrews, TX 79714

    $250,000
    2,112 sqft 0.06 AC lot

    High-visibility brick retail building on Main Street, zoned for retail and ready for a new tenant or owner-operator.

    View details
    Remodeled Commercial Building
    Remodeled Commercial Building

    N, Denver City, TX 79323

    $175,000
    6,000 sqft 0.16 AC lot

    Fully remodeled building with offices, bathroom, storage, and updated systems for flexible retail or service use.

    View details
    Modern Retail Center in Andrews
    Modern Retail Center in Andrews

    1310 N Main St, Andrews, TX

    $1,240,000
    4,200 sqft 0.35 AC lot

    Income-producing retail asset in thriving West Texas market.

    View details

    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.

    Prime PUD-Zoned Land Opportunity
    Prime PUD-Zoned Land Opportunity

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    900 sqft 2.07 AC lot

    2.07 acres of PUD-zoned land in a growing corridor.

    View details

    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.

    109 Dal Paso St
    Individual retail properties

    109 Dal Paso St, Hobbs, NM 88240

    Value Estimation by Request
    View details
    Central Ave
    Individual retail properties

    0 Central Ave, Hobbs, NM 88240

    Value Estimation by Request
    1.21 AC lot
    View details

    Hobbs, NM Retail Space Market Trends and Statistics

    Explore 4 retail space for sale in Hobbs, NM on our real estate platform. These investment opportunities span a total of 9,000 square feet of properties for sale, with an estimated market value of $600,000.

    Sale prices for retail space in Hobbs, NM start at $600,000, averaging $600,000, and reaching up to $600,000 — 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

    Shopping centers 1
    Storefront properties 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 $1.2M

    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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