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Corner Lot with Small Shop
For Sale
$295,000

724 S Grimes Street, Hobbs, NM 88240

Large corner lot includes a small shop, with fenced grounds and a rolling gate access point.

Property SizeContact for details
Days on Market112

Property Features for 724 S Grimes Street

General Information

Standard status Active
Property subtype Commercial

Site & Location

Road Access Yes
Fenced Yard Yes

Taxes and HOA fees

Annual Taxes $2,654
Listing Agency: Robinson & Associates Real Estate
Listed By: Cindy Shoobridge · License #1964
Source: Wendymiletarealtor
Added: May 4 Changed: Aug 23 Last Checked: Aug 23 at 5:17AM

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 Robinson & Associates Real Estate

Investment Insights

Based on property information with market context.

This offering includes a large corner lot with a small shop available for sale or lease. The property is fenced, with access provided by a rolling gate.

Access to the lot is off Main Street, and the seller’s public remarks indicate the option for owner financing in addition to standard purchase terms.

The property configuration supports both the outdoor lot and the enclosed small shop space, with the fenced perimeter designed to define and control access to the site.

Key Highlights

  • Large corner lot with a small shop
  • Fenced property with rolling gate access point
  • Located on Main Street

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.

Lease Details

Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

504
Businesses Nearby
7k
Monthly Visits Nearby
Balanced
Demand for This Use

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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Similar Off Market Nearby

  • Maria's Flowers 109 W Broadway St, Hobbs, NM 88240
  • Alberthia's Flowers 207 S Cecil St, Hobbs, NM 88240

Frequently Asked Questions

What type of property is this?
Storefront property - Large corner lot includes a small shop, with fenced grounds and a rolling gate access point.
Where is this storefront property located?
The property is located at 724 S Grimes Street 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: Large corner lot with a small shop; Fenced property with rolling gate access point; Located on Main Street
More about this property
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