Property profile

20 Carter St Lovington, NM 88260

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 3,645 square foot lot, located at TBD LOT 20 Carter Street in Lovington, New Mexico, presents a unique opportunity for development. Situated in Lea County, this property boasts convenient access to local amenities and infrastructure. The lot measures approximately 25 feet wide by 145.8 feet deep, offering ample space for a variety of construction projects. Priced affordably at $15,000, this land parcel represents a compelling investment in a growing New Mexico community. The property's zoning and potential uses should be verified independently with the appropriate Lea County authorities. Buyers are responsible for conducting their own due diligence regarding utilities, environmental concerns, and any necessary permits or approvals. This is a vacant lot, ready for your vision. The address is confirmed as TBD LOT 20 Carter Street, Lovington, NM 88260. Its geographic coordinates are 32.9753361 latitude and -103.4511768 longitude. Don't miss this chance to acquire a piece of Lea County real estate at an attractive price point. Act quickly, as opportunities like this are rare.

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

20 Carter St Lovington, NM 88260
Lovington metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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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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