Property profile

0 Tbd Main St Lovington, NM 88260

OFF-MARKET
Land
1.04 ac lot
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Property summary

AI-generated overview

This exceptional 1.04-acre parcel of land is located in Lovington, New Mexico, within Lea County, and boasts a highly desirable location on TBD Main Street, zip code 88260. The property is conveniently situated at latitude 32.939216 and longitude -103.3486212, offering easy access to local amenities and infrastructure. Priced competitively at $450,000, this land presents a significant opportunity for investors and developers seeking a strategic foothold in a growing area. The expansive 1.04 acres provide ample space for a variety of development projects, making it ideal for residential, commercial, or industrial ventures. Its location on Main Street offers excellent visibility and accessibility, further enhancing its investment potential. This is a rare opportunity to acquire a substantial land parcel in a thriving New Mexico community. The property is ready for immediate development, presenting a blank canvas for your vision. Serious inquiries are encouraged to explore the possibilities of this exceptional land offering. Don't miss this chance to secure a prime piece of real estate in Lovington, NM.

Property profile

Verified
Property type Land
Lot 1.04 ac (45,302 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Tbd Main St Lovington, NM 88260
Lovington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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