0 Tbd Ave, Lovington, NM 88260
This exceptional 3,710 square foot lot presents a remarkable opportunity for development in the thriving community of Lovington, New Mexico. Located on TBD E Avenue in Lea County, this property boasts convenient access to essential utilities, making it an ideal site for various projects. The asking price is an attractive $25,000, representing significant value for a parcel of this size in this desirable location. The property's address is listed as TBD E Avenue, Lovington, NM 88260, with GPS coordinates of 32.9753361 latitude and -103.4511768 longitude. Its classification is vacant land, offering a blank canvas for your vision. The readily available utilities significantly reduce the upfront costs and complexities associated with new construction. This makes it an especially appealing option for builders, investors, or anyone seeking a strategic location for a new venture. The relatively small lot size makes it suitable for a range of projects, from residential to commercial, depending on local zoning regulations. Given its location and the availability of utilities, this property is poised for rapid development and offers a strong return on investment. Serious inquiries are encouraged to explore the potential of this prime development opportunity.
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
Similar Nearby for Sale
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.