3923 Gill Tract A Rd, Lovington, NM 88260
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.