Retail

Hobbs, NM Retail Space 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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Storefront Property with Additional Buildings
Updated: Jul 27
Storefront Property with Additional Buildings

1151 W Marland, Hobbs, NM 88240

Contact for pricing
2.79 AC lot
2.79‑acre lot in Hobbs, NM
Storefront building with inventory area
Separate building for work space, inventory, or living quarters
Storage building with bays
Located at 1151 W Marland
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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
Based on your search, we've compiled 8 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

Opportunities in Nearby Cities

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

Corner-Lot Retail Building
Corner-Lot Retail Building

300 W Ave A, Seminole, TX 79360

$499,000
4,661 sqft 0.34 AC lot

Metal construction, on-site parking, and an occupied section complement available commercial space.

View details
Two-Unit Storefront Property
Two-Unit Storefront Property

107 E Washington Ave, Lovington, NM 88260

$460,000
2,500 sqft

Divisible retail frontage with five non-metered curbside spaces and a lease extending through October 2026.

View details
Prime Corner Lot in Seminole
Prime Corner Lot in Seminole

300 W Ave A, Seminole, TX 79360

$499,000
0.34 AC lot

Ready for occupancy, central location, ample parking, easy access.

View details
Divisible Retail Storefront
Divisible Retail Storefront

107 E Washington Avenue, Lovington, NM 88260

$460,000
0.15 AC lot

The storefront can be configured as two separate retail units.

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.

Central Ave
Individual retail properties

0 Central Ave, Hobbs, NM 88240

Estimated value: by Request
1.21 AC lot
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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 2,585 square feet of properties for sale, with an estimated market value of $2,300,000.

Sale prices for retail space in Hobbs, NM average $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

Storefront properties 5
Automotive properties 4
Auto shops 3
Gas stations 1
Grocery and convenience stores 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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