Hobbs Real Estate | Hobbs Commercial Properties for Sale

This property sits on .53 acres and has a 40x40 shop and 16 10x22 storage units. With this price and location you don't want to miss out on a great opportunity!!

1202 Broadway W, Hobbs

$398,000

26000963 MLS

Prime Industrial & Commercial Facility Position your business for success at 821 W. Marland St, a versatile commercial facility located in South Hobbs, NM. Situated on a generous 0.55-acre lot, this property is ideal for oilfield services, trade contractors, light manufacturing, auto repair, or general distribution. Conveniently positioned along W. Marland St with quick, easy access to major transportation corridors across Lea County. Whether you are looking to expand, establish a regional yard, or add a income-producing commercial asset to your portfolio, this property offers the structure and security your operations require.

821 W Marland W, Hobbs

$1,950,000

26000962 MLS

Prime Commercial/Industrial Facility on 8 Acres in South Hobbs Position your business for maximum visibility and operational scale. This versatile commercial property features a functional shop and office setup situated on 8 fully fenced acres. Located along a high-traffic major thoroughfare in South Hobbs, the property offers exceptional street frontage, high accessibility, and ample space for equipment storage, yard operations, or future expansion.

901 W Marland Blvd W, Hobbs

$630,000

26000809 MLS

17.92 Acres on West County Road, with apx 5,000 sq ft of Nice office space, two 25 x 25 storage/shop buildings, one portable storage building, Lots of parking area, some of which is secure behind a fenced area. Lots of room for expansion or growth. Large area for Equipment Storage.

1410 N West County Rd, Hobbs

$420,000

20260652 MLS

Dont miss this property packed with potential! Featuring two separate buildings, this space offers endless possibilities perfect for business owners, investors, or anyone ready to bring their vision to life. With high visibility and a prime location, its an opportunity you wont want to miss. Contact us today to schedule your showing (575) 631-5970

601 N Dal Paso, Hobbs

$2,900,000

26000228 MLS

Opportunity is waiting for you! Own a 23000 sq ft office space in Hobbs. Hobbs is one of the most rapidly growing cities in SENM. Call today

1515 Calle Sur W, Hobbs

$975,000

20261733 MLS

Shipp Apartments is a 12-unit studio apartment complex offering strong in-place occupancy and potential upside through future rent growth. The property is currently 100% occupied, with a current rent roll totaling approximately $8,600 per month, or $103,200 in annualized scheduled rent. Individual rents currently range from approximately $500 to $800 per month, creating an opportunity for continued rent optimization as market conditions and tenant turnover allow. The property reported $96,000 in rental income during 2025, providing historical support for the current income stream. The property is currently self-managed and offers a relatively straightforward operating model. With full occupancy, existing cash flow, a simple 12-unit studio configuration and potential rental upside, Shipp Apartments provides an opportunity to acquire an established multifamily asset with room for continued income growth.

212 S Shipp St, Hobbs

$3,300,000

20261476 MLS

Sunrise Apartments is a 32-unit multifamily investment opportunity in Hobbs, New Mexico, currently 100% occupied with a wait list, demonstrating strong demand for the property. The community features a desirable unit mix consisting of 16 three-bedroom units, 8 two-bedroom units, and 8 one-bedroom units. The current rent roll totals approximately $37,795 per month, or $453,540 in annualized scheduled rent. The property reported $440,880 in rental income during 2025, providing strong support for current rent-roll performance. Based on normalized operating expenses and a vacancy/collection allowance, estimated NOI is approximately $318,750, representing an estimated 9.66% cap rate at the $3,300,000 asking price. Amenities include an on-site swimming pool, laundry facilities, and management office. The property's larger concentration of three-bedroom units provides a differentiated offering within the local rental market. At approximately $103,125 per unit, Sunrise Apartments offers an investor immediate in-place cash flow, full occupancy, demonstrated tenant demand, and continued long-term rental potential in the Hobbs market. Financial information is based on the current rent roll, seller-provided operating information, and normalized operating assumptions.

1515 E Scharbauer St, Hobbs

$678,000

20262367 MLS

Cintas-occupied industrial investment opportunity in Hobbs, New Mexico, offered at $678,000. The property combines an established national tenant, more than 20 years of continuous occupancy, recent capital improvements, fenced industrial space and rail infrastructure immediately behind the property. Cintas has occupied this location continuously since 2005 and currently pays $5,650 per month, representing $67,800 in annual base rent. The current lease runs through July 2027, with renewal discussions anticipated to begin in early 2027. The lease is reported as triple net, with the landlord retaining certain insurance obligations. Prospective purchasers should review the existing lease for complete terms and expense responsibilities. Significant improvements were completed in 2026, including new electrical, new plumbing and a new concrete loading dock. The property also features a fenced yard and functional loading and operational areas suitable for industrial use. A rail spur is located directly behind the property, providing potential strategic value for industrial and distribution users. Buyer should independently verify rail access, service availability and use rights. Cintas' occupancy since 2005 provides a substantial operating history at this location. The July 2027 lease expiration also creates potential upside for a purchaser through lease renewal, renegotiation or future repositioning. The adjacent 11,400 SF warehouse at 1119 S Leech Street is also offered for sale at $299,000. Seller will consider a package transaction for both properties, creating an opportunity to acquire adjacent industrial assets with approximately 22,000+ SF of combined building area.

1111 S Leech St, Hobbs

$595,000

20263233 MLS

Prime commercial property located on a highly visible corner lot offering approximately 4,400 square feet of flexible office space. The thoughtfully designed layout includes a total of 12 offices/rooms, multiple lobby areas, kitchen facilities on both levels, and three bathrooms. Ideal for professional offices, medical, service-based businesses, or multi-department operations. Excellent opportunity to establish or expand your business in a well-positioned location. Call today to schedule your private showing.

201 E Sanger St, Hobbs

$299,000

20262368 MLS

11,400 SF industrial warehouse located at 1119 S Leech Street in Hobbs, NM, offered at $299,000. At approximately $26/SF, the property offers an attractive acquisition basis for an owner-user or investor. The building is currently income producing at $1,500 per month and provides functional warehouse space with a fenced property and convenient industrial access. Rail infrastructure runs immediately behind the property, providing potential strategic value for industrial and distribution users. Buyer to verify rail access, service availability, and use rights. The neighboring property at 1111 S Leech Street, currently occupied by Cintas, is also available for purchase. The seller will consider a package transaction for both properties, providing buyers the opportunity to acquire adjacent industrial assets with a combination of existing income and future operational or investment flexibility.

1119 S Leech St, Hobbs

$1,200,000

20245732 MLS

Dunnam Apartments offers a unique multifamily and value-add opportunity in Hobbs, New Mexico. The property includes 15 existing apartment units along with substantial ground-floor space offering potential for commercial, office, storage, or other permitted uses. The property reported $164,250 in rental income during 2025, providing strong in-place income from the existing multifamily operation. The current rent roll reflects primarily one-bedroom units with rents generally around $900$1,000 per month. The ground floor provides an additional value-add component. A prior residential buildout of portions of this space was started but was not completed or approved for occupancy. The area could be positioned as commercial/flex space. This combination of existing multifamily income and underutilized ground-floor space provides multiple paths for a future owner to increase the property's performance through rent growth, commercial utilization, or other approved repositioning. Located in central Hobbs, Dunnam Apartments provides an opportunity to acquire an established income-producing multifamily property with additional space and meaningful value-add potential.

210 W Dunnam St, Hobbs

$950,000

20263060 MLS

Located in the heart of Hobbs, this exceptioal 17,000 sq ft commercial property offers endless possibilities for ministry, business, education, event space, or redevelopment. Established for over 50 years as a thriving church, the property features a spacious 3,200 sq. ft. sanctuary, mulitple office spaces, numerous classrooms, a full kitchen, fellowship hall, and a designated area ideal for a coffee shop or cafe concept. Situated on a large lot with ample parking, this well maintained property provides flexibility for a variety of uses including community center, school, event venue, office conversion, or continued religious use. A rare opportunity to own a landmark property with strong community presence and incredible potential in a prime Hobbs location.

2714 N Dal Paso St, Hobbs

$350,000

20263418 MLS

This commercial property, perfect for an auto or diesel mechanic shop, features four large bays that cater to avariety of vehicle services. Situated on 0.48 acres, the lot provides ample space for vehicle storage. The property includes a parking area and an office entrance on MainStreet, ensuring easy access for customers. Inside the shop, there is an office, a bathroom, and plenty of storage space, making it a fully functional and efficient workspace for your business needs.

806 W Main St, Hobbs

$410,000

20262122 MLS

Oilfield commercial property on 1.8 acres featuring a 40 x 80 all-metal shop Includes a 16 x 12 front overhead door and two rear doors (10 x 910), center hoist, gas heater, and exhaust fan. Property offers one bathroom, two 14 x 14 office spaces with heat and A/C, plus a shop office with cabinets and sink. Equipped with water well, septic, two metal storage buildings, and rear carport areaideal for industrial use.

901 E Katy, Hobbs

$2,300,000

20261742 MLS

Prime commercial property at the heart of Hobbs North developing business district. 2585 sqrft retail/restaurant building with drive-thru window and large parking lot on 7.61 Acres total. Developed 1.135 acres with building and parking lot with additional 6.475 acres for future or additional professional/retail properties. Just North of the new Hobbs municipal middle school being built. Centrally located with quick access to North Grimes/Joe Harvey business strip, as well as the developing Lovington Hwy and new hospital region. Across the street from Hobbs higher-end country residential subdivisions.

1615 W Millen Dr, Hobbs

$2,500,000

20261650 MLS

Turnkey opportunity to acquire a multi-parcel, income-capable property in Hobbs. This offering includes four separate parcels totaling approximately 4.47 acres, featuring a commercial building for a business, a residential property (713 W. Kara), and a fully functional animal and equine facility. The property is currently configured for livestock and animal operations, with pipe fencing, multiple pens, shelters, and outbuildings already in place. Ideal for boarding, breeding, training, or small-scale agricultural business use. This property is well-suited for investors, owner-operators, or buyers seeking a live/work setup with expansion potential. Opportunities like this combining land, infrastructure, and multiple parcels are rare in this market.

5206 N Grimes St, Hobbs

$398,000

20261278 MLS

Prime Opportunity With This Versatile Commercial Property Located In A High-Traffic, High-Visibility Area. Positioned In A Strategic Location With Excellent Exposure, This Property Offers Incredible Potential For A Variety Of Business Uses Including Retail, Office, Service-Based Businesses, Or Investment Opportunities.

523 W Sanger St, Hobbs

$1,200,000

20260365 MLS

Large Warehouse-Office facility with 5 fenced acres, apx. 5100 sq ft of office space and over 15,000 sq ft of warehouse/shop area. 2 truck repair bays, central area of town

602 W Sanger St, Hobbs

$420,000

20256497 MLS

Large professional office suite on busy city street. Great visibility located on Hobbs main business strips, surrounded by multiple professional offices, retail and much more. Just a few blocks down is Hobbs City Hall Complex. Pop in next door for lunch at Casey's Restaurant in the Down Town Mini-Mall. Great reception area overlooking Broadway through the large glass wall and door. Nine dedicated offices varying in size. Four additional rooms idea for file storage and copier space. Centralized data cabinet with adequate CAT-5 data cable throughout the building. large flex space with kitchenette area for company gatherings. two ADA equipped bathroom as well. Attract top tier employees as well as impress clientele with this impressive office facility.

205 W Broadway St, Hobbs

$179,500

20246424 MLS

Great Location for professional office location, Unique building with a full Kitchen area and a bathroom with a shower, someone could operate their business there and also live there.

508 N Dalmont St, Hobbs

$3,600,000

20260253 MLS

25-Acre Commercial Fenced In Yard & Industrial Facility Well-equipped 25-acre commercial yard featuring 15 office spaces, a conference room, mens and womens restrooms, and 103 employee lockers. Industrial amenities include semi-truck bays. Semi wash drive through, a chemical storage building, and a cement warehouse with containment. Ideal for logistics, construction, or industrial operations requiring ample space and functionality. Big Lab room, Dispatch area, and over 25k feet of buildings. This property can also be leased.

1908 W Bender, Hobbs

$250,000

20263419 MLS

This commercial property, located on Grimes, offers excellent visibility and accessibility. The building features six freight bays on each side, totaling 12 bays with overhead doors, providing ample loading and unloading capacity. Plumbing has been installed for a bathroom, and there is plenty of space available to build out an office to suit your needs. The property sits on 0.87 acres, offering room for expansion, or to store vehicles and equipment. A separate entrance for deliveries and office access enhances operational efficiency.Additionally, the lot is fenced on the north side, ensuring security and privacy for your business operations.

821 S Grimes St, Hobbs

$1,000,000

20262868 MLS

Prime commercial opportunity in a highly visible location directly across from the Lea County Regional Airport in Hobbs, NM! Situated on 3 acres, this property includes an existing home and offers endless potential for commercial, or investment use. With excellent access and high traffic exposure, this location is ideal for a variety of business opportunities including office space, storage, trucking, service industry, rental income, or future development. Rare chance to own acreage in a rapidly growing area with incredible flexibility and visibility. The possibilities here are truly endless!

100 S Mini Rnch, Hobbs

$300,000

20262487 MLS

Fenced truck yard with big shop on Approx 0.94 acres. Close access to 62/180. City water to site. Gravel/caliche yard. Large gate access. Just off West Marland Blvd.

821 S Rash, Hobbs

$1,200,000

20263330 MLS

Property is being SOLD AS IS! Prime commercial location building in need of extensive renovation, being sold as is. This commercial property offers great visibility and easy access in a high-traffic area, situated close to downtown amenities, shopping, dining, and major thoroughfares. While the existing building requires extensive renovation, the site's versatile location provides outstanding potential for several types of development, including: - Investment projects - Professional office space - Healthcare facilities - Service-oriented businesses Given the proximity to downtown and its significant potential, this is a great opportunity for the right investor!

200 S Linam St St, Hobbs

$700,000

20261332 MLS

COMMERCIAL YARD AVAILABLE FOR SALE OR RENT! 4.56 acre yard with two office buildings and two large shops. 3 Year NNN Lease available for $7500 a month. Owner finance available. For more information call!

8626 S Eunice Hwy, Hobbs

$295,000

20262621 MLS

LARGE CORNER LOT WITH SMALL SHOP AVAILABLE TO BUY OR LEASE. Monthly Rent $2,000 per month and possible owner financing. Fencing surrounds the property with rolling gate located on Main Street.

724 S Grimes St, Hobbs

$675,000

20260075 MLS

This fully equipped and operating restaurant is available. Contact United Realty to schedule your showing (575)392-3000 - NO SHOWINGS DURING OPERATING HOURS! SHOWINGS ONLY ON SUNDAYS AND MONDAYS WHEN RESTAURANT IS CLOSED. *Owner Financing Available*

604 E Broadway St, Hobbs

$1,500,000

20244692 MLS

Past prominent recreational facility is now available. Prime location in North Hobbs. 16,275sf facility includes front desk and offices, 2 racquet ball courts, swimming pool, jacuzzi and sauna. Men & women's locker rooms on site. 8 separate gyms and a large studio in back. Great opportunity for growth in the area over the next few years. Call to see this property in person. Call Jason for information, 575-552-1275.

1503 W Calle Sur, Hobbs

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