201 Ave A St Lovington, NM 88260
- Warehouses
Current Use by Public Records
- Warehouses
Property Details for 201 Ave A St
- Year built
- 1950
- Property type
- Warehouses
- Property subtype
- Land
Description
This 7,500 square foot commercial warehouse property, located at 201 W Avenue A Street in Lovington, New Mexico, presents a compelling investment opportunity at an asking price of $85,000. Built in 1950, the property sits on a sizable lot and offers a versatile space suitable for a variety of uses. The building features a concrete floor, providing a durable and functional workspace. Privacy is ensured by a substantial pipe and tin fence encompassing the entire 7,500 square foot lot. Its proximity to the downtown Lovington area offers convenient access to local amenities and potential customer traffic. The property's adaptability makes it ideal for a small-scale business operation, such as a hobby shop, a small-scale mechanic's workshop, or a secure storage facility. The property is located in Lea County, New Mexico, with a zip code of 88260. This is a rare opportunity to acquire a well-located, functional commercial warehouse at an attractive price point. The property's solid construction and secure perimeter make it a low-maintenance investment with significant potential for future growth and return. Serious inquiries are encouraged to explore this promising investment opportunity further.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lovington
- County
- Lea
- State
- New Mexico
- Longitude
- -103.351
- Latitude
- 32.9471