Property profile

0 Tbd Urlacher Dr Dr Lovington, NM 88260

OFF-MARKET
Land
1.77 ac lot
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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

Location

Tbd Urlacher Dr Dr 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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