214 K Ave Lovington, NM 88260
- Land
Current Use by Public Records
- Land
Property Details for 214 K Ave
- Year built
- 1987
- Property type
- Land
Description
This exceptional commercial land opportunity in Lovington, New Mexico, presents a 7,420 square foot lot (approximately 140ft x 53ft) ideally suited for a diverse range of commercial ventures. Located at 214 E K Avenue, 88260, this property boasts a strategic position within Lea County. The existing structure, built in 1987, offers approximately 1571 square feet of usable space, featuring two large garage doors, a restroom, and a small office. This versatile layout is perfectly adaptable for a repair shop, trucking or oilfield service business, or other similar operations. The property is being sold in its "as is" condition, providing a blank canvas for buyers to customize and develop according to their specific needs. The asking price is $120,000. This presents a compelling investment opportunity in a thriving New Mexico commercial market. The property's size and existing infrastructure make it an attractive option for entrepreneurs seeking a ready-to-use space or a foundation for a new commercial development. Don't miss this chance to acquire a valuable piece of Lea County real estate.
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
- -103.348
- Latitude
- 32.9364
