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Three-Bay Flex Property

401 N Grimes St N, Hobbs, NM 88240

For Sale
New
$450,000

Office space includes a spacious entrance foyer and two restrooms alongside the garage area.

Property SizeContact for details
Days on Market2

Property Features for 401 N Grimes St N

General Information

Standard status Active
Property subtype Commercial
Listing Agency: United Realty, LLC - Hobbs
Listed By: Rodney Davis · License NM #2195
Source: Rivasrealestatenm
Added: Nov 12 Last Checked: Nov 12 at 2:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Realty, LLC - Hobbs

Rey
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Investment Insights

Based on property information with market context.

At 401 N Grimes St N in Hobbs, this flex property combines a three-bay garage with office space. The office area features a generous entry foyer and two restrooms, while on-site parking accommodates employees, visitors, trucks, and trailers.

The garage configuration can support fleet servicing, equipment storage, fabrication, or oilfield-related operations. The property is offered for sale or lease.

Key Highlights

  • Three‑bay garage
  • Office area with a large foyer and two restrooms
  • On‑site parking for employees, visitors, trucks, and trailers

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Exclusive Tint 575 Interior Design A-1 Pro Cleaning ... Carpet Cleaning Service

Suggested Use

Top Pick Real Estate Agency Dental Office Nail Salon Skin Care Clinic Furniture & Home Goods Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

802
Businesses Nearby
Balanced
Demand for This Use

Demographics for 88240, NM

42,386
Population
16,490
Households
2.6
Avg Household Size
31
Median Age
17%
College-Educated
76%
High-School Grad
600.2 sq mi
ZIP Area
71
Density / Sq Mi
$65,394
Median Household Income
$37,178
Median Earnings
$1,124
Median Rent
$177,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Mis Amigos DLS Ltd. Co. — 719 S Houston St, Hobbs, NM 88240
  • KTM Catering & Desserts — 124 E Broadway St, Hobbs, NM 88240

Frequently Asked Questions

What type of property is this?
Flex space - Office space includes a spacious entrance foyer and two restrooms alongside the garage area.
Where is this flex space located?
The property is located at 401 N Grimes St N Hobbs, NM.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Three‑bay garage; Office area with a large foyer and two restrooms; On‑site parking for employees, visitors, trucks, and trailers
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