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    1948 Pecos Hwy Loving, NM 88256

    • Commercial real estate
    • 11,280 SF
    • 249,598.00 lot acres
    For Sale
    View listing
    $2,200,000
    Value Estimation
    Location Intelligence
    Property ID
    US61-0915601
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1948 Pecos Hwy

    Year built
    2023
    Lot size
    249,598.00 lot acres
    Property size
    11,280 SF
    Property type
    Commercial real estate

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

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

    Comparable in this City

    • $70,000
      4.00 Acres

      Loving, NM 4-Acre Commercial Parcel

      Build your dream, prime location!
      151 London Rd, Loving, NM 88256
      View Details
    • $70,000
      4.00 Acres

      Loving, NM 4-Acre Commercial Lot

      Build your dream - prime acreage near US 285
      151 London Rd, Loving, NM 88256
      View Details

    Similar Nearby for Sale

    • $70,000
      4.00 Acres

      Loving, NM 4-Acre Commercial Parcel

      Build your dream, prime location!
      151 London Rd, Loving, NM 88256
      View Details
    • $70,000
      4.00 Acres

      Loving, NM 4-Acre Commercial Lot

      Build your dream - prime acreage near US 285
      151 London Rd, Loving, NM 88256
      View Details
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    1948 Pecos Hwy
    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
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