Property profile

112 Avenue A Lovington, NM 88260

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional commercial property, located at 112 W Ave A in Lovington, New Mexico, 88260, offers a versatile 3,500 square foot space ideal for a variety of businesses. The property encompasses both land and a building, providing ample room for operations and potential expansion. The building itself features a thoughtfully designed layout incorporating private offices for focused work, open work areas for collaboration, a convenient break area for employee relaxation, dedicated work rooms for specialized tasks, a comfortable waiting area for clients, and well-maintained restrooms. This adaptable space is ready to accommodate the needs of modern businesses seeking a functional and efficient workspace. The property's location in Lovington, Lea County, New Mexico, offers excellent accessibility and visibility, making it an attractive option for businesses seeking a strategic presence in the area. The asking price for this exceptional commercial property is $300,000. This presents a significant opportunity for investors and entrepreneurs alike to acquire a valuable asset in a thriving New Mexico community. The property's size and features make it suitable for a wide range of commercial uses.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician
  • Physician

Location

112 Avenue A Lovington, NM 88260
Lovington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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