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    Tbd Bridges Ave Lovington, NM 88267

    Sponsored
    For Sale
    Contact for pricing

    7,000 sq ft lot; excellent development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 7,000 square foot land parcel presents a unique opportunity for investors and developers in Tatum, New Mexico. Located on TBD Bridges Avenue in Lea County, this property offers significant potential for various uses. The expansive lot size provides ample space for a range of projects, from residential construction to commercial ventures. The address is situated in a rapidly growing area of Lea County, offering convenient access to local amenities and infrastructure. With its strategic location and considerable size, this property is an ideal investment for those seeking to capitalize on the burgeoning real estate market in this part of New Mexico. The asking price of $20,000 makes this an attractive proposition for buyers looking for a cost-effective entry point into the New Mexico land market. The property's zoning and permitted uses should be independently verified by prospective buyers to ensure alignment with their intended development plans. This 7,000 square foot lot in Tatum, NM, presents a compelling opportunity for those seeking a prime piece of land in a promising location. The property is ready for immediate development, offering a blank canvas for your vision. Further details regarding utilities and access are available upon request. The zip code for this property is 88267. The latitude and longitude coordinates are 33.2606368 and -103.315787 respectively.

    Property Features for 0 Tbd Bridges Ave

    General Information

    Property type
    Land

    HighLights

    • $20,000 asking price.
    • 7,000 square foot land parcel.
    • Located in Tatum, NM, Lea County.
    • Address: TBD Bridges Avenue, Tatum, NM 88267.
    • Property type: Vacant Land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lovington
    County
    Lea
    State
    New Mexico
    Longitude
    -103.315787
    Latitude
    33.2606368

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    FAQs

    What type of property is this?
    Land - 7,000 sq ft lot; excellent development potential.
    Where is this land located?
    The property is located at Tbd Bridges Ave Lovington, NM.
    What is the asking price?
    The asking price for this property is $20,000.
    What are key features of this property?
    This property features: $20,000 asking price.; 7,000 square foot land parcel.; Located in Tatum, NM, Lea County.
    Request Owner's contact information
    Tbd Bridges Ave Lovington, NM 88267
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    Lovington, NM 88267
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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

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    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
    Tbd Bridges Ave Lovington, NM 88267
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