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    OFF-MARKET
    Land

    0 Gil Rd Rd, Lovington, NM 88260-0000

    40.78 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 40.78-acre parcel of land is located in Lea County, New Mexico, specifically on TBD S Gil Rd Road in Lovington, NM, zip code 88260. The property presents a unique investment opportunity for developers, investors, or those seeking a substantial land holding in a desirable location. With its expansive acreage, this land offers significant potential for various uses, subject to local zoning regulations and permitting. The property's location in Lovington provides convenient access to local amenities and infrastructure. The coordinates are 32.9181884 latitude and -103.4196535 longitude, allowing for easy identification and assessment. The asking price for this significant land holding is $160,000. Serious inquiries are encouraged to explore the possibilities this property offers. Buyers are responsible for conducting their own due diligence regarding zoning, utilities, and any other relevant factors before making a purchase decision. This information is deemed reliable but not guaranteed. All measurements are approximate.

    Property profile
    Verified
    Property type Land
    Lot 40.78 ac (1,776,377 SF)
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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