Property profile

1211 Jefferson Ave Lovington, NM 88260

OFF-MARKET
Specialty properties
Built 1976
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 10,000 square foot special purpose property, located at 1211 W Jefferson Avenue in Lovington, New Mexico, presents a unique investment opportunity. Built in 1976, the building sits on a substantial 2.88-acre lot in Lea County, zip code 88260, offering ample space for various uses. Currently configured as a house of worship, the property is ideal for a faith-based organization seeking a large and established facility. The expansive interior provides ample room for congregational gatherings, events, and community activities. The generous lot size allows for significant parking and offers potential for future expansion or landscaping. The serene setting in Lovington provides a peaceful environment for its intended purpose. The asking price for this remarkable property is $290,000. This presents a rare chance to acquire a substantial building with significant potential in a desirable location. The property's size and location make it a compelling investment for those seeking a large-scale facility in a growing community. Its existing configuration as a house of worship is a significant advantage, but its adaptability could allow for other suitable uses. The property's location at 32.9508682 latitude and -103.3635572 longitude provides easy access to local amenities and transportation routes.

Property profile

Verified
Property type Specialty properties
Year built 1976

Cap rate & NOI

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

Location

1211 Jefferson Ave Lovington, NM 88260
Lovington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1211 Jefferson Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message