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Corner Commercial Land With Shop
For Sale
$295,000

724 S Grimes St, Hobbs, NM 88240

Commercial Sale, Hobbs, NM

Property SizeContact for details
Days on Market123

Property Features for 724 S Grimes St

General Information

Property type Commercial Sale
Property subtype Other
Interior features Overhead Door(s)
Directions Located at 724 Grimes and corner of Main Street
Subdivision New Mexico Mls
Standard status Active

Taxes and HOA fees

Tax Description LOTS 15 16 17 18 SUBDIVISION NEW HOBBS ADD
Tax Annual Amount 2654
Legal Description LOTS 15 16 17 18 SUBDIVISION NEW HOBBS ADD
Listing Agency: Robinson & Associates Real Estate
Listed By: Cindy Shoobridge · License #46983
Added: May 4 Changed: Sep 2 Last Checked: Sep 3 at 6:06AM
MLS# 20262621

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 commercial land offering includes a small shop with an overhead door. Fencing encloses the parcel, and a rolling gate provides access from Main Street.

The property is located at 724 S Grimes St in Hobbs, New Mexico, within ZIP code 88240. The asset is offered for sale and may also be available for lease.

Key Highlights

  • Corner commercial land with an existing small shop
  • Overhead door included in the shop
  • Fenced parcel with a rolling gate

Property Analytics

Current Use

Ready Trucking LLC Trucking Company

Suggested Use

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

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

504
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Phillips 66 Shops & Services
4,521 visits/mo 0.2 miles
Stripes Shops & Services
2,648 visits/mo 0.2 miles

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Fenced corner parcel with a small shop and overhead door access.
Where is this commercial land located?
The property is located at 724 S Grimes St Hobbs, NM.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Corner commercial land with an existing small shop; Overhead door included in the shop; Fenced parcel with a rolling gate
More about this property
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