Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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