0 Grimes St Hobbs, NM 88242

This exceptional 39.4-acre parcel of land presents a remarkable opportunity in Hobbs, New Mexico. Located just north of Cimarron Estates, this property offers significant potential for residential development or a private family estate. The asking price is $725,000. The expansive lot provides ample space for a variety of projects. Existing infrastructure includes a 30x40 barn, electricity, and a well, significantly reducing initial development costs. Buyers should note the presence of a gas line traversing the property and conduct their own due diligence regarding its implications. Situated in Lea County, NM, with the address listed as TBD N Grimes Street, zip code 88242, this property boasts a convenient location within the city of Hobbs. The coordinates are 32.7641843 latitude and -103.1449213 longitude. This land presents a unique chance to build a dream home or create a profitable housing development. The possibilities are vast, making this a truly compelling investment opportunity. Serious inquiries are encouraged.