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    3601 Grimes St Hobbs, NM 88240

    Sponsored
    For Lease
    Contact for pricing

    Prime Hobbs office space, multiple suites available.

    Lot size:
    1,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A commercial property, located at 3601 N Grimes St, Hobbs, NM 88240, offers 1,600 square feet of versatile space ideal for various business types. The building is zoned for retail, office, and restaurant uses, making it suitable for executive offices, medical offices, creative offices, or coworking spaces. Five individual suites are currently available within the 1,600 square foot building, situated on 1.3 acres of land and conveniently located near Joe Harvey Blvd. The property boasts a modern, adaptable design, perfect for businesses seeking a high-visibility location with ample foot traffic. The open floor plan allows for flexible configurations to suit diverse business needs. Dedicated parking is provided for both employees and clients, ensuring easy accessibility. This prime location within a thriving commercial district offers excellent exposure and proximity to a variety of complementary businesses and amenities. The property has never been occupied, presenting a unique opportunity for a business to establish its presence in a desirable and convenient location. This is a rare opportunity to secure a prominent space in a vibrant commercial area. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 3601 Grimes St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,600 SF
    Class
    A

    Unit(s) available at that property

    Space
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    Available Space 3
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    Available Space 2
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    Available Space 5
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    HighLights

    • Prime location in Hobbs, NM's thriving commercial district with high visibility and foot traffic.
    • Modern, adaptable design with a sleek, contemporary interior.
    • 1,600 sq ft of open space, perfect for customization.
    • Ample dedicated parking for customers and employees.
    • Surrounded by a diverse mix of shops and amenities.
    • Suitable for various uses including retail, office, and restaurant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Perfume Hub Perfume Store The UPS Store Shipping And Mailing Service The Paleta Bar Hobbs Ice Cream Shop La Carniceria Butcher Shop Shred Nations Shredding Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hobbs
    County
    Lea
    State
    New Mexico
    Longitude
    -103.14484284155
    Latitude
    32.738541455209

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    Nearby Similar for Lease

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      28,000 SF available in established Hobbs shopping center.
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      Retail Space in Hobbs, NM

      Retail space available for lease in Hobbs, New Mexico.
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    FAQs

    What type of property is this?
    Restaurant - Prime Hobbs office space, multiple suites available.
    Where is this restaurant located?
    The property is located at 3601 Grimes St Hobbs, NM.
    What are key features of this property?
    This property features: Prime location in Hobbs, NM's thriving commercial district with high visibility and foot traffic.; Modern, adaptable design with a sleek, contemporary interior.; 1,600 sq ft of open space, perfect for customization.
    Request Owner's contact information
    3601 Grimes St Hobbs, NM 88240
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    Hobbs, NM 88240
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3601 Grimes St Hobbs, NM 88240
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