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Equestrian Property with Multiple Parcels
For Sale
$2,500,000

5206 N Grimes St, Hobbs, NM 88242

Commercial Sale, Hobbs, NM

Property Size2,226 SF
Price / SF$1,123
Days on Market170

Property Features for 5206 N Grimes St

General Information

Property type Commercial Sale
Property subtype Other
Interior features Audio/Video Surveillance
Subdivision New Mexico Mls
Standard status Active
APN 4000769700001
Size 2,226 SF

Taxes and HOA fees

Tax Description Metes & Bounds
Tax Annual Amount 3245
Legal Description Metes & Bounds

Utilities

Sewer type Septic Tank

Building Details

Year built 1991
Building materials Frame, Siding
Roof type Metal
Listing Agency: Casa Oasis Realty
Listed By: Denice Chavez · License #REC-2022-0428
Added: Mar 18 Changed: Sep 2 Last Checked: Sep 3 at 8:06AM
MLS# 20261650

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.

Investment Insights

Based on property information with market context.

This equestrian property combines four separate parcels with an established animal-use layout. The improvements include a 2,226-square-foot commercial building, a residential property at 713 W. Kara, and a functioning equine and livestock facility. Pipe fencing, multiple pens, shelters, and additional outbuildings are in place for animal operations.

Located at 5206 N Grimes St in Hobbs, the property encompasses approximately 4.47 acres. The main building was constructed in 1991 and features frame construction, siding, a metal roof, and audio/video surveillance. The site uses a septic tank system and includes both commercial and residential components within the overall parcel configuration.

Key Highlights

  • Four separate parcels totaling approximately 4.47 acres
  • 2,226‑square‑foot commercial building plus a residential property at 713 W. Kara
  • Equine and livestock facility with pipe fencing, multiple pens, shelters, and outbuildings

Property Analytics

Current Use

Massey’s Small Animal ... Kennel & Boarding Facility

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Hair Salon Big Box & Wholesale Store Auto Repair Shop

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

51
Businesses Nearby

Demographics for 88242, NM

8,126
Population
2,776
Households
2.9
Avg Household Size
35
Median Age
15%
College-Educated
84%
High-School Grad
70.4 sq mi
ZIP Area
115
Density / Sq Mi
$88,654
Median Household Income
$50,801
Median Earnings
$1,290
Median Rent
$218,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Horse & equestrian property - Animal-focused property with fencing, pens, shelters, and supporting outbuildings already established.
Where is this horse & equestrian property located?
The property is located at 5206 N Grimes St Hobbs, NM.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Four separate parcels totaling approximately 4.47 acres; 2,226‑square‑foot commercial building plus a residential property at 713 W. Kara; Equine and livestock facility with pipe fencing, multiple pens, shelters, and outbuildings
More about this property
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