Property profile

0 Ave K Ave Lovington, NM 88260

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 17,136 square foot lot presents a unique opportunity for building your dream home in Lovington, New Mexico. Located on TBD W Avenue K Avenue, this expansive property offers ample space for a substantial residence and landscaping. The lot is situated in Lea County, New Mexico, and boasts a convenient zip code of 88260. Its prime location provides easy access to local amenities and services while maintaining a peaceful atmosphere. The asking price for this remarkable piece of land is $75,000, representing an excellent value for its size and potential. With its generous square footage, this lot allows for creative architectural designs and personalized outdoor spaces. Buyers are encouraged to act quickly, as opportunities like this in Lovington are rare. The property's coordinates are 32.9365939 latitude and -103.3586567 longitude, allowing for easy location verification and planning purposes. This is an ideal location for those seeking a spacious lot to build their dream home in a desirable New Mexico community. Don't miss this chance to own a piece of Lovington.

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

Ave K Ave Lovington, NM 88260
Lovington metro
Google Maps

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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