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Medical Office with 11 Exam Rooms

1601 Ave I W, Lovington, NM 88260

For Sale
$350,000

A separate casita adds another enclosed space alongside the clinic’s patient-care and support areas.

Property SizeContact for details
Days on Market30

Property Features for 1601 Ave I W

General Information

Standard status Active

Additional Details

Property Use Medical Office
Listing Agency: Elite Real Estate
Listed By: Josue Palacios · License NM #53708
Source: Homesteaders-realty
Added: Oct 12 Changed: Nov 7 Last Checked: Nov 10 at 8:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elite Real Estate

Rey
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Investment Insights

Based on property information with market context.

Configured for medical office use, the property includes 11 exam rooms, a consultation room, and a waiting area. Additional clinical and service areas include an X-ray room, laundry room, two public restrooms, and one staff restroom.

A separate casita offers additional space that can serve office, staff, or storage functions. The existing room mix supports a range of medical and professional service uses.

Key Highlights

  • 11 exam rooms, a consultation room, and a waiting area
  • Dedicated X‑ray room and laundry room
  • Two public restrooms and one staff restroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Building Supply Auto Repair Shop Law Firm Big Box & Wholesale Store Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

135
Businesses Nearby
Under-served
Demand for This Use

Demographics for 88260, NM

15,569
Population
5,474
Households
2.8
Avg Household Size
33
Median Age
15%
College-Educated
75%
High-School Grad
814.9 sq mi
ZIP Area
19
Density / Sq Mi
$75,197
Median Household Income
$40,356
Median Earnings
$1,081
Median Rent
$174,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - A separate casita adds another enclosed space alongside the clinic’s patient-care and support areas.
Where is this medical office space located?
The property is located at 1601 Ave I W Lovington, NM.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 11 exam rooms, a consultation room, and a waiting area; Dedicated X‑ray room and laundry room; Two public restrooms and one staff restroom
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