Lovington, NM Commercial Real Estate for Sale

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Tatum, NM
15 properties
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Divisible Storefront Retail Property
Updated: Feb 25
Divisible Storefront Retail Property

107 E Washington Ave, Lovington, NM 88260

$460,000
6,702 sqft 0.15 AC lot
6,702‑square‑foot storefront retail property on 0.15 acres
107 and 109 E Washington Ave can be divided into 2 units
Five non‑metered curbside parking spaces
Additional free parking available across the street
Courthouse located directly across the street
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Restaurant with Commercial Kitchen
Updated: Dec 22, 2025
Restaurant with Commercial Kitchen

218 S 1st St, Lovington, NM 88260

$775,000
2,638 sqft
2,638‑square‑foot restaurant building
Three main seating rooms plus a private party room
Full‑service commercial kitchen
Newly paved and expanded parking lot
Constructed in 1955
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Church Facility With Fellowship Areas
Church Facility With Fellowship Areas

2236 S MAIN St, Lovington, NM 88260

$1,200,000
1.12 AC lot

Multi-room religious facility with updated sanctuary, classrooms, kitchen space, offices, and separate fellowship improvements.

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Two-Unit Storefront Property
Two-Unit Storefront Property

107 E Washington Ave, Lovington, NM 88260

$460,000
2,500 sqft

Divisible retail frontage with five non-metered curbside spaces and a lease extending through October 2026.

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Divisible Retail Storefront
Divisible Retail Storefront

107 E Washington Avenue, Lovington, NM 88260

$460,000
0.15 AC lot

The storefront can be configured as two separate retail units.

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Corner-Lot Specialty Property
Corner-Lot Specialty Property

600 S Second St, Lovington, NM 88260

$155,000
2,980 sqft 0.40 AC lot

Brick-and-frame commercial property with an open layout and multiple on-site parking lots.

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Land, Lovington, NM
Land, Lovington, NM

Dencoe Dr, Lovington, NM 88260

$45,000
0.14 AC lot

Residential land & home lots · 0.14 Acres

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Climate-Controlled Self Storage Facility
Climate-Controlled Self Storage Facility

1015 S 17th St, Lovington, NM 88260

$5,180,000
45,200 sqft

Multi-building storage property with drive-up access, leasing office, and an on-site manager’s residence.

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Land, Lovington, NM
Land, Lovington, NM

Gill Road, Lovington, NM 88260

$325,000
80.00 AC lot

Residential land & home lots · 80.00 Acres

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Turn-Key Mexican Restaurant Property
Turn-Key Mexican Restaurant Property

218 S 1st ST, Lovington, NM 88260

$775,000

Spanish adobe restaurant with three main seating rooms, full commercial kitchen, and an expanded newly paved parking lot.

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Updated Church Facility
Updated Church Facility

2236 S Main Ave, Lovington, NM 88260

$1,200,000

Former worship facility with offices, classrooms, kitchen space, restrooms, and multiple fellowship areas.

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Frontage Road Specialty Property
Frontage Road Specialty Property

321 E Ave D, Lovington, NM 88260

$325,000

Commercial building constructed in 1988 with frontage-road access.

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Commercial Land Parcel
Commercial Land Parcel

207 N COMMERCIAL ST, 10, Lovington, NM 88260

$60,000

Vacant commercial land with access to a bypass route.

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Vacant Commercial Lot
Vacant Commercial Lot

207 N COMMERCIAL ST #10, Lovington, NM 88260

Contact for pricing

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

Contact for pricing

Spacious commercial lot with multi-use building for sale.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 15 Active listings in Lovington, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

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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Self-Storage Facility with Shop
Self-Storage Facility with Shop

1202 Broadway W, Hobbs, NM 88240

$175,000
0.53 AC lot

A self-storage property combining multiple rental units with a dedicated shop on a compact commercial site.

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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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Off-Market Properties in Lovington, NM

Consider similar Off-Market properties in Lovington, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1900 2nd St Trlr, Unit 8
MOBILE HOME PARK, TRAILER PARK

1900 2nd St Trlr, Lovington, NM 88260-2822

Unit 8
Estimated value:
$140,000
980 sqft
View details
114 Elm Ave
MOBILE HOME PARK, TRAILER PARK

114 Elm Ave, Lovington, NM 88260-2831

Estimated value:
$240,000
1,056 sqft
View details
219 Forrest St
MOBILE HOME PARK, TRAILER PARK

219 Forrest St, Lovington, NM 88260-2850

Estimated value:
$255,000
1,216 sqft
View details
828 Commercial St
OFFICE (GENERAL)

828 Commercial St, Lovington, NM 88260

Estimated value:
$445,000
View details

Lovington, NM Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Lovington, NM, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 60,020 square feet of properties for sale, with an estimated market value of $11,420,000.

Sale prices for business properties in Lovington, NM start at $45,000, averaging $878,461, and reaching up to $5,180,000 — 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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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 $858.9K

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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