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    151 London Rd Loving, NM 88256

    For Sale
    $70,000

    Build your dream - prime acreage near US 285

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 4-acre parcel presents a unique opportunity for commercial development or residential construction just outside the city limits of Loving, New Mexico. Conveniently located near US Highway 285, this property offers excellent accessibility and visibility. The expansive land provides ample space for a variety of projects, from establishing a business to building a custom home. Prospective buyers are responsible for conducting their own due diligence regarding utility availability and water access. It's important to note that wells and septic systems are common in this area, offering potential solutions for water and waste management. The property's location near US Highway 285 ensures easy access to transportation networks, making it an attractive option for businesses seeking convenient logistics and a strong connection to regional transportation routes. This is a blank canvas ready for your vision, offering the freedom to create a unique and tailored development. The asking price of $70,000 represents a compelling investment opportunity in a desirable location. Serious inquiries are encouraged to explore the potential of this remarkable property. Don't miss this chance to secure a substantial piece of land with significant development potential in a growing area. Act quickly, as opportunities like this are rare.

    Property Features for 151 London Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    174,240 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Loving
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.0784
    Latitude
    32.29781

    Nearby Comparable

    • $70,000
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      Loving, NM 4-Acre Commercial Parcel

      Build your dream, prime location!
      151 London Rd, Loving, NM 88256
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    • $2,200,000
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      Hwy 285 Industrial Property

      ±11,280 SF Shop, House, & Land
      1948 Pecos Hwy, Loving, NM 88256
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    • $995,000
      4,800 SF

      Carlsbad Truck Shop and Yard

      Large truck shop and yard near Hwy 285 outside Loving, NM.
      150-5 S Roberson Rd, Carlsbad, NM 88220
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      83.55 Acres

      83-Acre Industrial Park, NM

      Prime Eddy County land, build-to-suit options.
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    Nearby Similar for Sale

    • $70,000
      4.00 Acres

      Loving, NM 4-Acre Commercial Parcel

      Build your dream, prime location!
      151 London Rd, Loving, NM 88256
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Build your dream - prime acreage near US 285
    Where is this commercial real estate located?
    The property is located at 151 London Rd Loving, NM.
    What is the asking price?
    The asking price for this property is $70,000.
    (575) 234-1516
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    151 London Rd Loving, NM 88256
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    Loving, NM 88256
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    151 London Rd Loving, NM 88256
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