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About This Home

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

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. Cara), 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 Street

Hobbs, NM 88242

Property Details

Construction

Metal Siding Steel Frame

Parking

Paved or Surfaced

Questions & Answers

This 0-bedroom, 0-bathroom single family at 5206 N Grimes Street is listed at $2,500,000 ($1,123/sqft). The estimated monthly payment is $10,833 based on 20% down at 6.5% interest.

This property is listed by Denice Chavez and can be reached at 5755525372 or denice@casaoasisrealty.com.

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Denice Chavez

Agent at Casa Oasis Realty

(575) 552-5372

Listed by Casa Oasis Realty

MLS# 20261650· Source: listhub· Updated 23 days ago

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 Street, Hobbs, NM 88242

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