About This Home

This 0-bedroom, 0-bathroom commercial at 5206 N Grimes St in Hobbs, NM is listed for $2,500,000 ($1,123 per sqft). Built in 1991, the home offers 2,226 sqft of living space on a N/A lot.

Key Features

  • Built in 1991

Property Details

1991
Listing Description

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.

Monthly Cost Estimate

$13,371/mo

20% down · 6.5% · 30 years

Principal$1,808
Interest$10,833
Insurance$729

Estimates only. Actual payments may vary.

Location

5206 N Grimes St

Hobbs, NM 88242

Features & Amenities

Interior Features

Audio/Video Surveillance

Property Details

Construction

Frame Siding

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 5206 N Grimes St is listed at $2,500,000 ($1,123/sqft). The estimated monthly payment is $13,370 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1991. Interior Features: Audio/Video Surveillance.

This property is listed by Denice Chavez.

DC

Denice Chavez

License REC-2022-0428

Agent at Casa Oasis Realty, LLC

Listed by Casa Oasis Realty, LLC · Broker phone: (575) 393-8058

MLS# 20261650· Source: New Mexico MLS· 227 days on PropertySimple

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5206 N Grimes St, Hobbs, NM 88242

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