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    6206 6 Shooter St, Lovington, NM 88260

    65 ac lot Built 2013
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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