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Executive Summary

The retail trade zone serving Hobbs supports an estimated population of approximately 125,000 people, providing a substantial consumer base for retail activity in the market.
In November 2025, total gross retail sales in Hobbs reached approximately $360 million. This performance ranked Hobbs as the fourth-highest retail sales market in New Mexico for the month, trailing only Albuquerque, Santa Fe, and Las Cruces.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 3.13 AC
Zoning C-2 - Commercial

1 Lot Available

Lot

Lot Size 3.13 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
4000418610001
Land Assessment
$164,682
Improvements Assessment
$6,997
Total Assessment
$171,679
  • Listing ID: 40758994

  • Date on Market: 6/2/2026

  • Last Updated:

  • Address: 4100 N Lovington Hwy, Hobbs, NM 88240

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