Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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