6206 6 Shooter St Lovington, NM 88260
- Commercial real estate
- 1,072 SF
- 65.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 6206 6 Shooter St
- Year built
- 2013
- Lot size
- 65.00 lot acres
- Property size
- 1,072 SF
- Property type
- Commercial real estate
Description
This exceptional 65-acre property in Lovington, New Mexico, presents a unique investment opportunity. The land boasts approximately 2500 mature pecan trees, a significant asset for immediate income generation. Each tree benefits from an efficient underground watering system, supported by two 10-inch water wells and a substantial sand trap tank. A large gravity-fed water tank further enhances the irrigation infrastructure. The property includes a ready-to-occupy, two-bedroom, two-bathroom house currently used by the orchard manager, complete with its own separate water well and septic system. A freestanding shop provides ample storage or workshop space. The property also features 64.58 acres of water rights, ensuring a reliable water supply for the orchard's continued productivity. A natural gas line runs through the property, offering convenient access to utility services. The 1,072 square foot house provides comfortable living quarters, while the extensive orchard and supporting infrastructure offer significant potential for growth and profitability. This turnkey operation is ideal for an investor seeking a productive and established agricultural business. The property is priced at $599,000 and offers a rare combination of established income, substantial water rights, and significant acreage in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lovington
- County
- Lea
- State
- New Mexico
- Longitude
- -103.335
- Latitude
- 33.0269
