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Irrigated Ranch Land with Wells
For Sale
$1,850,000

6804 N Grimes St, Hobbs, NM 88240

Ranch land with adjudicated water rights, three high-capacity irrigation wells, and an updated 3-bedroom manufactured home.

Property SizeContact for details
Days on Market122

Property Features for 6804 N Grimes St

General Information

Standard status Active
Property subtype Land

Additional Details

Road Access Yes
Water Rights Yes

Taxes and HOA fees

Annual Taxes $18,812
Listing Agency: Found Real Estate
Listed By: Matthew T Smith · License #REC-2023-0297
Source: Exprealty
Added: May 8 Changed: Sep 4 Last Checked: Sep 5 at 9:13AM

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 Found Real Estate

Investment Insights

Based on property information with market context.

This ranch and agricultural property offers substantial water infrastructure and practical on-site improvements. Approximately 94 acres have adjudicated water rights, supported by three high-capacity irrigation wells described as roughly 200 feet deep with water at 120 feet, pumping around 700 gpm each. The property also includes an updated 3-bedroom, 2-bath double wide with a metal roof, propane heat, and updated flooring, kitchen, bathrooms, and windows.

A large barn provides equipment storage. The offering is described as a large, contiguous tract close to town, with access from Grimes, Kansas, Cope, Yuciapa, and Carter.

The combination of water, size, and existing improvements is intended to support farm or ranch uses, with additional flexibility for longer-term development planning.

Key Highlights

  • ±130‑acre ranch tract near Hobbs with flexibility for farm, ranch, or development use
  • Around 94 acres of adjudicated water rights
  • Three high‑capacity irrigation wells (~200' deep; water at ~120' pumping ~700 gpm each)

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Restaurant Law Firm Auto Parts Store Hair Salon HVAC Service Nail Salon

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

Lease Details

Yes
Paved road access
Yes
Water rights

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Ranch land with adjudicated water rights, three high-capacity irrigation wells, and an updated 3-bedroom manufactured home.
Where is this agricultural land / farmland located?
The property is located at 6804 N Grimes St Hobbs, NM.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: ±130‑acre ranch tract near Hobbs with flexibility for farm, ranch, or development use; Around 94 acres of adjudicated water rights; Three high‑capacity irrigation wells (~200' deep; water at ~120' pumping ~700 gpm each)
More about this property
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