# 5206 N Grimes St, Hobbs, NM 88242

> **TL;DR:** commercial, $2,500,000 ($1123/sqft), built 1991, 2,226 sqft. Est. $13,370/mo. Listed 230 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,500,000 |
| Price/sqft | $1123 |
| Square Feet | 2,226 |
| Year Built | 1991 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 230 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $12,641 |
| Estimated Insurance | $729 |
| **Total** | **$13,370** |

## Property Highlights

- Built in 1991

## Description

### Agent 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.

## Location

- **Address:** 5206 N Grimes St, Hobbs, NM 88242
- **County:** Lea
- **Coordinates:** 32.75901, -103.144517
- **Google Maps:** https://www.google.com/maps?q=32.75901,-103.144517

## Listing Agent

- **Name:** Denice Chavez · **License:** REC-2022-0428
- **Brokerage:** Casa Oasis Realty, LLC
- **Broker Phone:** (575) 393-8058

## Photos

![5206 N Grimes St - Photo 1](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f810490950r.jpg)

![5206 N Grimes St - Photo 2](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f154339218r.jpg)

![5206 N Grimes St - Photo 3](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f3244416354r.jpg)

![5206 N Grimes St - Photo 4](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f1353334994r.jpg)

![5206 N Grimes St - Photo 5](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f853085194r.jpg)

![5206 N Grimes St - Photo 6](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f3752663056r.jpg)

![5206 N Grimes St - Photo 7](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f2414957989r.jpg)

![5206 N Grimes St - Photo 8](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f2469963405r.jpg)

![5206 N Grimes St - Photo 9](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f613845708r.jpg)

![5206 N Grimes St - Photo 10](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f2828620313r.jpg)

![5206 N Grimes St - Photo 11](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f1841800605r.jpg)

![5206 N Grimes St - Photo 12](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f1045420857r.jpg)

![5206 N Grimes St - Photo 13](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f3472520789r.jpg)

![5206 N Grimes St - Photo 14](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f2305071343r.jpg)

![5206 N Grimes St - Photo 15](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f2392339026r.jpg)

![5206 N Grimes St - Photo 16](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f3828605677r.jpg)

![5206 N Grimes St - Photo 17](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f2766910569r.jpg)

![5206 N Grimes St - Photo 18](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f4186214511r.jpg)

![5206 N Grimes St - Photo 19](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f268943981r.jpg)

![5206 N Grimes St - Photo 20](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f1979474704r.jpg)

![5206 N Grimes St - Photo 21](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f4099707860r.jpg)

![5206 N Grimes St - Photo 22](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f2065872551r.jpg)

![5206 N Grimes St - Photo 23](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f11487788r.jpg)

![5206 N Grimes St - Photo 24](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f3432370138r.jpg)

![5206 N Grimes St - Photo 25](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f981434394r.jpg)

![5206 N Grimes St - Photo 26](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f2410367276r.jpg)

![5206 N Grimes St - Photo 27](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f2199278728r.jpg)

![5206 N Grimes St - Photo 28](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f2735253150r.jpg)

![5206 N Grimes St - Photo 29](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f303719230r.jpg)

![5206 N Grimes St - Photo 30](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f3016244442r.jpg)

![5206 N Grimes St - Photo 31](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f1358675413r.jpg)

![5206 N Grimes St - Photo 32](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f926922740r.jpg)

![5206 N Grimes St - Photo 33](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f2279996609r.jpg)

![5206 N Grimes St - Photo 34](http://lh.rdcpix.com/0d6565bb68aab37735ef3336fc0deed8l-f348318488r.jpg)

---

**MLS#:** 20261650 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/5206-n-grimes-st-hobbs-nm-88242-25bc793aec304ce5898b48dbf611b3e4)

---

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