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    OFF-MARKET
    Land

    0 Tbd Urlacher Dr Dr, Lovington, NM 88260

    1.77 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.768-acre commercial land parcel presents a remarkable investment opportunity in Lovington, New Mexico. Located at the intersection of Urlacher Drive and 2nd Street and Avenue, this strategically positioned property offers approximately 77,000 square feet of commercially zoned land, ideal for a variety of business ventures. Its prime location makes it highly suitable for a car wash, truck stop, convenience store, retail establishment, or even an RV or mobile home park. The property's size and zoning provide ample space for development and significant potential for return on investment. The address is listed as TBD Urlacher Drive, Lovington, NM 88260, in Lea County. This is a rare opportunity to acquire a sizable, commercially zoned lot in a desirable location, ready for immediate development. The asking price for this exceptional property is $250,000. Don't miss this chance to secure a prime piece of commercial real estate in a growing New Mexico market. The property's convenient location and ample space make it an attractive option for a wide range of commercial uses. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Land
    Lot 1.77 ac (77,014 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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