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    OFF-MARKET
    Land

    5 Six Shooter Rd, Lovington, NM 88260

    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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