Property profile

3923 Gill Tract A Rd Lovington, NM 88260

OFF-MARKET
Land
9.82 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 9.817-acre property in Lea County, New Mexico, presents a unique opportunity for those seeking a tranquil rural setting. Located at 3923 S Gill Tract A Road, Lovington, NM 88260 (32.9753361, -103.4511768), this land boasts significant advantages for immediate development. The property already features an existing water well, a septic system, and underground electricity, significantly reducing upfront infrastructure costs. Imagine building your dream home or placing a manufactured home on this expansive lot. The absence of known restrictions provides flexibility in development plans. Beyond the land itself, the sale includes a valuable asset: 10 acres of water rights, ensuring a reliable water supply for your future projects. This is a rare opportunity to acquire a sizable parcel of land with essential utilities already in place, making it ideal for residential or recreational use. The property is conveniently located in Lovington, offering a balance of rural tranquility and proximity to local amenities. Don't miss this chance to own a piece of New Mexico's beautiful landscape.

Property profile

Verified
Property type Land
Lot 9.82 ac (427,629 SF)

Cap rate & NOI

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

Location

3923 Gill Tract A Rd 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 3923 Gill Tract A Rd?
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