6804 N Grimes Street, Hobbs, NM 88242

This rare ±170 acre offering near Hobbs provides outstanding flexibility for farm, ranch or development use. With 115.776 acres of adjudicated water rights and three high capacity irrigation wells (approx. 200' deep with water at 120' pumping around 700gpm each), the property offers strong water infrastructure and long term production potential. Improvements feature an updated 3 bed / 2 bath, ~1,950 sqft double wide with a metal roof, propane heat, updated flooring, kitchen, bathrooms and windows. A large barn provides great equipment storage. The north portion includes a preliminarily approved 10-lot subdivision (2-acre lots), already passed through city and county planning and zoning. State approvals remain pending offering immediate development potential. Seller will cover remaining subdivision survey costs but the buyer would complete the process. There is access from Grimes, Kansas, Cope, Yuciapa and Carter and being one of the largest contiguous tracts close to town, this … read more …