Hobbs NM Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
5,000
Status:
Active
Beds:
n/a
Lot size:
5 Acres
Year built:
2003
Baths:
MLS#:
20243581

ADDITIONAL INFORMATION

Look at this commercial property right on off the Lovington Hwy. It a total of 5 acres and a 5000 sq ft shop that was built in 2003. Its currently used as a mechanic repair shop. See the potential for your future business with good frontage. Property is fenced all around with metal fencing and has two billboard signs that can generate an extra income.

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Andrea Conner License # 20396 Xome Inc. License # 09022, [email protected] 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (“IDX”) program of the New Mexico MLS. Real Estate listings held by brokers other than Xome Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Copyright 2025 New Mexico MLS, Inc. MLS. All rights reserved.



Hobbs Real Estate

The median home value in Hobbs, NM is $240,400. This is higher than the county median home value of $149,700. The national median home value is $338,100. The average price of homes sold in Hobbs, NM is $240,400. Approximately 73.84% of Hobbs homes are owned, compared to 16.78% rented, while 9.38% are vacant. Hobbs real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hobbs real estate agent to arrange a tour today!

Hobbs, New Mexico 88242 has a population of 6,148. Hobbs 88242 is less family-centric than the surrounding county with 32.74% of the households containing married families with children. The county average for households married with children is 36.8%.

The median household income in Hobbs, New Mexico 88242 is $74,207. The median household income for the surrounding county is $62,319 compared to the national median of $69,021. The median age of people living in Hobbs 88242 is 39.2 years.

Hobbs Weather

The average high temperature in July is 93.4 degrees, with an average low temperature in January of 28.7 degrees. The average rainfall is approximately 16.5 inches per year, with 3.1 inches of snow per year.

Hobbs Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    21
    30-day change

Hobbs Schools and Demographics

Education near Hobbs, NM

Metric City County
High School Graduates 79.99 76.24
College Degree - 2 year 7.47 7.64
College Degree - 4 year 16.25 14.84
Graduate Degree 6.1 6.28
Expenditures per Student 11,926 11,926
Students per Teacher 17.1 17.1

Elementary Schools near Hobbs, NM

School Grades Students P/T Ratio ZIP
Ben Alexander Elementary School 02 - 02 343 20.2 88260
Jefferson Elementary School 03 - 03 272 17.6 88260
Lea Elementary School 01 - 01 336 16.4 88260
Llano Elementary PK - KG 465 17.7 88260

Middle Schools near Hobbs, NM

School Grades Students P/T Ratio ZIP
Lovington 6th Grade Academy 06 - 06 277 14.9 88260
Taylor Middle School 07 - 08 546 18.6 88260
Yarbro Elementary School 04 - 05 586 19.4 88260

High Schools near Hobbs, NM

School Grades Students P/T Ratio ZIP
Lovington High School 10 - 12 607 17.4 88260

Ungraded Schools near Hobbs, NM

School Grades Students P/T Ratio ZIP
* Lee Cty Corrections 09 - 12 8 8 88244
* New Hope Alternative High School 09 - 12 94 16.2 88260
Lovington Freshman Academy 09 - 09 262 17.9 88260

Demographics near Hobbs, NM 88242

Metric Zip Code City
Neighborhood Type Small town
Population 6,148 72,743
Population Density 236 17
Median Age 39.2 31.9
People per Household 3 2.9
Median Household Income 74,207 62,319
Average Income per Capita 31,473 27,507