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    14 Maine St Lovington, NM 88260

    For Sale
    Contact for pricing

    Prime 7,000 sq ft lot in Lea County

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents two contiguous lots totaling 7,000 square feet, ideally situated on Maine Street in Lovington, New Mexico. Located in Lea County, the property is identified as TBD LOT 13 & 14, offering significant potential for development. The combined lot dimensions measure approximately 50 feet by 140 feet, providing ample space for a variety of uses. The asking price for this attractive parcel is $25,000. This represents a compelling entry point into the Lovington real estate market, a town known for its strong community and potential for growth. The property's location on Maine Street offers excellent visibility and accessibility. Given its size and location, this land is suitable for a range of projects, from residential construction to commercial ventures. The property is zoned for [insert zoning information if available in original text, otherwise omit this sentence]. Prospective buyers are encouraged to conduct their own due diligence to determine the suitability of the property for their intended use. Utilities are [insert utility information if available in original text, otherwise omit this sentence]. This is a rare opportunity to acquire a well-positioned lot in a growing New Mexico community. The property's address is TBD LOT 13 & 14 Maine Street, Lovington, NM 88260.

    Property Features for 14 Maine St

    General Information

    Property type
    Land

    HighLights

    • $25,000 asking price for this land parcel.
    • 7,000 square foot lot.
    • Located in Lovington, NM, at TBD LOT 13 & 14 Maine Street, Lea County, zip code 88260.
    • 50' x 140' lot in Lovington.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lovington
    County
    Lea
    State
    New Mexico
    Longitude
    -103.3481301
    Latitude
    32.9620504

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    FAQs

    What type of property is this?
    Land - Prime 7,000 sq ft lot in Lea County
    Where is this land located?
    The property is located at 14 Maine St Lovington, NM.
    What is the asking price?
    The asking price for this property is $25,000.
    What are key features of this property?
    This property features: $25,000 asking price for this land parcel.; 7,000 square foot lot.; Located in Lovington, NM, at TBD LOT 13 & 14 Maine Street, Lea County, zip code 88260.
    Request Owner's contact information
    14 Maine 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
    14 Maine St Lovington, NM 88260
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