Property profile

5 Six Shooter Rd Lovington, NM 88260

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional opportunity presents two contiguous lots totaling 3,700 square feet, ideally situated off Six Shooter Road in Lovington, New Mexico. Located in Lea County, this property boasts a convenient address at TBD Lot 5 & 6 Six Shooter, zip code 88260. The land is rectangular, measuring approximately 25 feet wide by 148 feet deep, offering considerable potential for various development projects. With its strategic location in Lovington, this property provides easy access to local amenities and infrastructure. The asking price for this combined parcel is an attractive $6,000, making it an exceptional value for investors and developers seeking a foothold in this dynamic New Mexico market. The property's dimensions and location make it suitable for a range of uses, subject to local zoning regulations. Serious inquiries are encouraged to explore the possibilities of this promising land investment. The coordinates for this property are latitude 33.2499654 and longitude -103.3183377. This is a rare opportunity to acquire a well-positioned lot in a growing area.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5 Six Shooter Rd Lovington, NM 88260
Lovington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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