Property profile

0 Tbd Bridges Ave Lovington, NM 88267

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 7,000 square foot land parcel presents a unique opportunity for investors and developers in Tatum, New Mexico. Located on TBD Bridges Avenue in Lea County, this property offers significant potential for various uses. The expansive lot size provides ample space for a range of projects, from residential construction to commercial ventures. The address is situated in a rapidly growing area of Lea County, offering convenient access to local amenities and infrastructure. With its strategic location and considerable size, this property is an ideal investment for those seeking to capitalize on the burgeoning real estate market in this part of New Mexico. The asking price of $20,000 makes this an attractive proposition for buyers looking for a cost-effective entry point into the New Mexico land market. The property's zoning and permitted uses should be independently verified by prospective buyers to ensure alignment with their intended development plans. This 7,000 square foot lot in Tatum, NM, presents a compelling opportunity for those seeking a prime piece of land in a promising location. The property is ready for immediate development, offering a blank canvas for your vision. Further details regarding utilities and access are available upon request. The zip code for this property is 88267. The latitude and longitude coordinates are 33.2606368 and -103.315787 respectively.

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

Tbd Bridges Ave Lovington, NM 88267
Lovington metro
Google Maps

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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