Commercial

Lovington, NM Commercial Land for Sale

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Tatum, NM
Land, Lovington, NM
Updated: Mar 31
Land, Lovington, NM

Dencoe Dr, Lovington, NM 88260

$45,000
0.14 AC lot
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Commercial Land Parcel
Updated: Sep 9
Commercial Land Parcel

207 N COMMERCIAL ST, 10, Lovington, NM 88260

$60,000
Vacant commercial lot
Located on N Commercial St
Access to a bypass route
207 N Commercial St, Lovington, NM 88260
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Vacant Commercial Lot
Vacant Commercial Lot

207 N COMMERCIAL ST #10, Lovington, NM 88260

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Vacant commercial land with access to Commercial Street and a nearby bypass.

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Commercial Lot with Building
Commercial Lot with Building

1411 S Main Street, Lovington, NM 88260

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Spacious commercial lot with multi-use building for sale.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Lovington, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Land with Utilities
Commercial Land with Utilities

7810 N World DR, Hobbs, NM 88240

$425,000
7.25 AC lot

Commercial land for sale featuring septic, well, and electricity on site, with frontage on World Drive.

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Commercial Highway Frontage Land
Commercial Highway Frontage Land

5820 N. Lovington Hwy N, Hobbs, NM 88240

$260,000

Commercial parcel with direct highway access in North Hobbs’ business district.

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Commercial Land on Hobbs-Lovington Highway
Commercial Land on Hobbs-Lovington Highway

6721 N World Drive, Hobbs, NM 88240

Contact for pricing
4.20 AC lot

Prime 4.2 acre commercial land tract for sale.

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5.08 Acres For Sale
5.08 Acres For Sale

TBD Buena Suerte Drive, Hobbs, NM 88242

Contact for pricing
5.08 AC lot

5.08 acres suitable for residential or commercial use.

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Lovington, NM Commercial Land Market Trends and Statistics

Explore 4 commercial land for sale in Lovington, NM, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 6,098 square feet of properties for sale, with an estimated market value of $105,000.

Sale prices for commercial lots in Lovington, NM start at $45,000, averaging $52,500, and reaching up to $60,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 3
Residential land & home lots 3
Agricultural land / Farmland 1

Demographics Overview

Population 15K
Population Growth (5Y) +1.8%
Median Household Income $75,197
College Educated 23.2%

High-Yield Neighborhoods for Investment

Identify Lovington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
88260 $52.5K

Taxes & Financing

Tax Rate (average for all types) 2.88%
Property Tax per SF $0.55 per SF
Tax Rate vs County Average 0.18 pp above county avg
Average Loan-to-Value 65.0%

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