0 Tbd Urlacher Dr Dr, Lovington, NM 88260
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.