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    1948 Pecos Hwy Loving, NM 88256

    Sponsored
    For Sale
    $2,200,000

    ±11,280 SF Shop, House, & Land

    Property size:
    11,280 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional mixed-use property in Loving, NM, offers ±11,280 square feet of space, including a ±9,600 square foot shop and a 4-bedroom, 2-bathroom house. The shop boasts six drive-thru bays, a 60' wide x 150' long layout, and 3-phase power engineered for a bridge crane. Ideal for oil field-related businesses, this new construction (2023) sits on approximately 5.73 acres, with additional acreage available. The house provides on-site housing for employees or can serve as office space. Located approximately 20 minutes south of Carlsbad, NM, and 1 hour 20 minutes from Pecos, TX, this property presents a unique owner-user opportunity. The asking price is $2,200,000, with a price per square foot of $195.04. The property is currently vacant and zoned for industrial, land, mixed-use, and special purpose uses. Its prime location makes it excellent for a pipe yard or oil field service company. The property's address is 1948 Pecos Hwy, Loving, NM 88256, within Eddy County.

    Property Features for 1948 Pecos Hwy

    General Information

    Property type
    Specialty properties
    Square Feet
    11,280 SF
    Lot Size
    10,872,488,880 SF

    Building Details

    Year Built
    2023
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Loving
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.09227808761
    Latitude
    32.264447308937

    Nearby Comparable

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    Nearby Similar for Sale

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      Loving, NM 4-Acre Commercial Lot

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    FAQs

    What type of property is this?
    Specialty property - ±11,280 SF Shop, House, & Land
    Where is this specialty property located?
    The property is located at 1948 Pecos Hwy Loving, NM.
    What is the asking price?
    The asking price for this property is $2,200,000.
    Request Owner's contact information
    1948 Pecos Hwy 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
    1948 Pecos Hwy Loving, NM 88256
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