6206 6 Shooter St, Lovington, NM 88260
This exceptional 65-acre property in Lovington, New Mexico, presents a unique investment opportunity. The land boasts approximately 2500 mature pecan trees, each benefiting from an efficient underground watering system. Two 10-inch water wells provide ample irrigation, supplemented by a large sand trap tank and a substantial gravity-fed water tank. A small, two-bedroom, two-bathroom house is included, currently occupied by the orchard manager, and features a separate water well and septic system. A freestanding shop provides additional storage or workspace. The property also includes 64.58 acres of water rights, ensuring a reliable water supply for the orchard. A natural gas line runs through the property, offering convenient utility access. Built in 2013, this turnkey operation is ready for immediate production and offers significant potential for growth and profitability. The property is located at 6206 N Six Shooter Street, Lovington, NM 88260, in Lea County. This is a rare opportunity to acquire a well-established and productive pecan orchard in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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