Property summary
This exceptional 1,250 square foot commercial building presents a unique investment opportunity in the heart of Lovington, New Mexico. Situated on a 0.26-acre lot at the prominent 1021 S Main Corner address, this property boasts a highly visible location with significant potential for a variety of commercial uses. The building's adaptable layout makes it suitable for a wide range of businesses, from office spaces and retail ventures to a mechanic's shop or similar operations. The ample space allows for flexible configuration to meet the specific needs of the future tenant or owner. A key advantage is the inclusion of covered parking, providing convenient and protected parking for customers and employees. The property's prime location offers excellent visibility and accessibility, ensuring high traffic and exposure for any business operating within its walls. The asking price of $180,000 represents a compelling value for a property with such versatility and location advantages in a thriving New Mexico community. This is a rare opportunity to acquire a well-situated commercial building with significant upside potential. Serious inquiries are encouraged to explore the possibilities this property offers.
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
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.