6804 N Grimes St
Hobbs, NM 88240
126Acres(Lot)
Rare opportunity to acquire 126 contiguous acres near Hobbs, New Mexico, offering exceptional flexibility for residential development, farm, ranch or long-term investment. The property includes approximately 94 acres of adjudicated water rights and two high-capacity irrigation wells, each approximately 200 feet deep with water at approximately 120 feet and reported production of approximately 700 GPM. This substantial existing water infrastructure creates opportunities for continued agricultural use while adding significant value to the property's long-term potential. For developers and builders, the property's location, size and surrounding road access create a compelling residential development opportunity. An initial 2-acre residential lot development is already underway along W. Kans
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Heating: None Cooling: None
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Lot Information
Main Square Feet: 126 Acres Lot Size Acres: 126 Lot Size Square Feet: 5488560
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Listing Price Information
Listing Price: $1850000 Original Price: $1950000 Cash, Conventional
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Tax Information
Parcel Number: 4000415640001 Annual Tax: $18812 Tax Legal Desc: Metes & Bounds
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School Information
Elementary School: None/OtherJunior High School: None/OtherSenior High School: None/Other -
Utility Information
Electricity Connected -
Location Information
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Lot 10, Hobbs, NM, 88240 | $2,996,928 | -- | -- | -- | 8.60 Acres(Lot) |
| N Marland, Hobbs, NM, 88240 | $180,000 | -- | -- | -- | 1.57 Acres(Lot) |
| West County, Hobbs, NM, 88240 | $337,154 | -- | -- | -- | 4.30 Acres(Lot) |
| W Bender/west County, Hobbs, NM, 88240 | $1,244,073 | -- | -- | -- | 9.91 Acres(Lot) |
| E Navajo Dr, Hobbs, NM, 88240 | $3,067,500 | -- | -- | -- | 409.11 Acres(Lot) |
| Lovington, Hobbs, NM, 88240 | $8,364,000 | -- | -- | -- | 24 Acres(Lot) |
| Lot 8, Hobbs, NM, 88240 | $4,181,760 | -- | -- | -- | 12 Acres(Lot) |
| Pearl Drive Dr, Hobbs, NM, 88240 | $200,000 | -- | -- | -- | 2.16 Acres(Lot) |
| Marland Boulevard, Hobbs, NM, 88240 | $30,000 | -- | -- | -- | 0.10 Acre(Lot) |
| N Alto Dr, Hobbs, NM, 88240 | $400,000 | -- | -- | -- | 1.27 Acres(Lot) |
Similar Land To 6804 N Grimes St
Nearby For Sale
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the New Mexico Association of Realtors.
ByOwner last updated this listing 08/30/2026 @ 02:32
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