Hobbs, NM 88240

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APN: 4000900600002

Hobbs, NM 88240


Land Use
Commercial (General)
Lot Area (SF)
Lot Area (Acres)


Year Built
Year Renovated
Number of Buildings
Existing Floor Area Ratio
Commercial Units
Residential Units
Total Units
Building Area
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Reported Ownership

Reported Owner
Mailing Address

Contact Information

Phone Number
Email Address
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Recorded Sales

Date Sales Price Buyer Seller Sales Doc # Multi-Property Sale
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Mortgage Records

Date Lender(s) Amount Doc # Maturity Date Crossed-Debt Parcels
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Tax Data

Total Assessed Value
Assessed Land Value
Assessed Improvement Value
Total Market Value
Land Market Value
Improvements Market Value
Tax Amount
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Popular searches around Hobbs

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Hobbs commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Hobbs is $184,105,845. Commercial real estate sale prices in Hobbs have a median of $58,150. The last 24 months of sales history has seen 112 sales, with 36 sales greater than $250,000, 3 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000.

Values and sold prices (last 24 months) United States New Mexico Hobbs
Average price/sqft $1,383 $204 --
Median price/sqft $117 $118 --
Average sold price $1,121,868 $553,690 $225,518
Median sold price $194,933 $165,981 $58,150
Number of sales 3,907,581 33,397 112
Number of sales over $250k 1,646,046 9,405 36
Number of sales over $1m 386,972 1,204 3
Number of sales over $10m 55,955 207 --
Average total tax amount $5,932 $2,692 $3,167
Average assessed value $307,063 $1,583,868 $184,105,845
Average market value $388,212 $136,488 $290,544

Hobbs commercial real estate property averages

The average lot size of commercial real estate properties in Hobbs is 40,666 sf. This is 92% above the New Mexico average.

Property averages United States New Mexico Hobbs
Average lot size 816,877 sf 681,393 sf 777,212 sf
Median lot size 24,485 sf 14,913 sf 40,666 sf
Average building area 1,138 sf 198 sf --
Median building area 75 sf 102 sf --
Median year built 1970 1984 1987
Average number of units 16 39 30
Median number of units 2 6 5

Hobbs commercial real estate total supply

There are 5,550 commercial real estate properties in Hobbs. This is 197% below the New Mexico average.

Supply United States New Mexico Hobbs
Number of parcels 57,794,383 977,112 5,550
Aggregate lot acerage 958,727,945 6,895,923 55,116
Aggregate building area 8,137,453,512 sf 13,985,194 sf --
Aggregate units 87,698,106 330,385 1,826

Hobbs commercial real estate industrial mortgages

There are 17 mortgages for commercial real estate properties across Hobbs in the Reonomy database. The average value of those mortgages is $32,094,058. This is 180% above the New Mexico average.

Debt United States New Mexico Hobbs
Number of mortgages 40,416,466 512,213 17
Average value of mortgages $5,210,072 $1,612,417 $32,094,058

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