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    20 Carter St Lovington, NM 88260

    For Sale
    Contact for pricing

    Build Your Dream in Lea County, NM

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 3,645 square foot lot, located at TBD LOT 20 Carter Street in Lovington, New Mexico, presents a unique opportunity for development. Situated in Lea County, this property boasts convenient access to local amenities and infrastructure. The lot measures approximately 25 feet wide by 145.8 feet deep, offering ample space for a variety of construction projects. Priced affordably at $15,000, this land parcel represents a compelling investment in a growing New Mexico community. The property's zoning and potential uses should be verified independently with the appropriate Lea County authorities. Buyers are responsible for conducting their own due diligence regarding utilities, environmental concerns, and any necessary permits or approvals. This is a vacant lot, ready for your vision. The address is confirmed as TBD LOT 20 Carter Street, Lovington, NM 88260. Its geographic coordinates are 32.9753361 latitude and -103.4511768 longitude. Don't miss this chance to acquire a piece of Lea County real estate at an attractive price point. Act quickly, as opportunities like this are rare.

    Property Features for 20 Carter St

    General Information

    Property type
    Land

    HighLights

    • 3,645 SF lot in Lovington, NM, priced at $15,000.
    • Located at TBD LOT 20 Carter Street, Lovington, NM 88260 (32.9753361, -103.4511768).
    • Approximately 25' x 145.8' lot in Lea County, offering ample space for development.
    • Buyer to verify zoning and conduct due diligence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lovington
    County
    Lea
    State
    New Mexico
    Longitude
    -103.4511768
    Latitude
    32.9753361

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    FAQs

    What type of property is this?
    Land - Build Your Dream in Lea County, NM
    Where is this land located?
    The property is located at 20 Carter St Lovington, NM.
    What is the asking price?
    The asking price for this property is $15,000.
    What are key features of this property?
    This property features: 3,645 SF lot in Lovington, NM, priced at $15,000.; Located at TBD LOT 20 Carter Street, Lovington, NM 88260 (32.9753361, -103.4511768).; Approximately 25' x 145.8' lot in Lea County, offering ample space for development.
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    20 Carter St Lovington, NM 88260
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    Lovington, NM 88260
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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
    20 Carter St Lovington, NM 88260
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