Hobbs, NM
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    Hobbs, NM Strip Malls for Sale

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    Seminole, TX Lovington, NM Monument, NM
    Brand-New Retail/Office Strip Center
    Contact for pricing
    2,622 SF
    Brand-New Retail/Office Strip Center

    228 E Navajo Drive, Hobbs, NM 88240

    Newly built strip center with retail and office suites for sale on E Navajo Drive.
    • Newly built strip center with retail and office suites for sale on E Navajo Drive
    • Built in 2018
    • Located in a high‑traffic area on Navajo with visibility
    Updated: Jun 16
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hobbs, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Retail Property with Diverse Tenants
    $2,435,000
    10,432 SF
    Retail Property with Diverse Tenants

    NNN leases and scheduled rental increases for investors.

    1512 5th Ave, Canyon, TX

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    Fully Leased Retail Strip Center
    Contact for pricing
    Fully Leased Retail Strip Center

    Stabilized investment opportunity near 114th Street and Slide Road.

    11108 Slide Rd, Lubbock, TX 79424

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    Fully Leased Retail Strip Center
    Contact for pricing
    13,614 SF
    Fully Leased Retail Strip Center

    Stabilized investment opportunity in high-traffic South Lubbock location.

    11108 Slide Road, Lubbock, TX 79424

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    Palo Duro Creek Development Tracts
    $963,547
    6.32 Acres
    Palo Duro Creek Development Tracts

    6.32 acres in prime retail location with development potential.

    Pd Creek Business Park, Canyon, TX 79015

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    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.

    Commercial Land in Clovis, NM
    $499,000
    0.64 Acres
    Commercial Land in Clovis, NM

    Commercial land with frontage on Prince Street, suitable for development.

    1720 N Prince Street, Clovis, NM 88101

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    Canyon, TX Commercial Land
    $963,547
    6.32 Acres
    Canyon, TX Commercial Land

    6.32 acres in prime retail location, zoned RC-2.

    PD Creek Business Park, Canyon, TX 79015

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    Prime Commercial Land on Knickerbocker
    $795,000
    2.73 Acres
    Prime Commercial Land on Knickerbocker

    2.728 acre commercial tract in Southwest San Angelo.

    5425 Knickerbocker Road, San Angelo, TX 76904

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    Multi-Use Development Land with Utilities
    $1,235,000
    4.65 Acres
    Multi-Use Development Land with Utilities

    Zoned GR with utilities on-site, suited for retail strip center, pad sites, storage, office/warehouse, or mixed use.

    4501 Velta Lane, Abilene, TX 79606

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    Hobbs, NM Strip Malls Market Trends and Statistics

    Explore 1 strip malls for sale in Hobbs, NM on our real estate platform. These investment opportunities span a total of 2,622 square feet of properties for sale, with an estimated market value of $6,000.

    Sale prices for retail strips in Hobbs, NM start at $6,000, averaging $6,000, and reaching up to $6,000 — 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 2
    Auto shops 1
    Automotive properties 1

    Demographics Overview

    Population 50K
    Population Growth (5Y) +4.5%
    Median Household Income $69,020
    College Educated 12.0%

    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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