Property profile

0 Tbd Ave Lovington, NM 88260

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

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

Tbd Ave Lovington, NM 88260
Lovington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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