Property profile

0 Gil Rd Rd Lovington, NM 88260

OFF-MARKET
Land
40.78 ac lot
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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

Location

Gil Rd Rd Lovington, NM 88260-0000
Lovington metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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