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    OFF-MARKET
    Land

    9 Ave K St, Lovington, NM 88260

    Property ID
    Property summary
    AI-generated overview

    This exceptional 12,000 square foot lot, located at Lot 2A, Block 9, W Avenue K Street in Lovington, New Mexico, presents a fantastic opportunity for building a new home. Situated in Lea County, zip code 88260 (latitude 32.9365339, longitude -103.3523271), this property is priced competitively at $55,000. The lot is designated for the construction of single-family brick homes, ensuring a cohesive and attractive neighborhood aesthetic. Subdivision restrictions are in place to maintain the quality and character of the community. Prospective buyers are encouraged to review these restrictions before making an offer. The generous lot size provides ample space for a comfortable home and landscaping. This is an ideal location for those seeking to build their dream home in a well-planned community. The property is classified as land and is ready for immediate development. Contact the office for more details regarding subdivision regulations and building requirements. Don't miss this chance to secure a prime building lot in Lovington, NM. Act quickly, as opportunities like this are rare.

    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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