Property profile

6206 6 Shooter St Lovington, NM 88260

OFF-MARKET
Specialty properties
65 ac lot Built 2013
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Specialty properties
Year built 2013
Lot 65 ac (2,831,400 SF)

Cap rate & NOI

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

Location

6206 6 Shooter St Lovington, NM 88260
Lovington metro
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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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