8 Ave K St, Lovington, NM 88260
This exceptional 16,875 square foot lot, identified as Lot 9A, Block 8, West Avenue K Street, Lovington, New Mexico, presents a unique opportunity for building a home in a desirable, restricted subdivision. Located in Lea County, New Mexico, with a zip code of 88260, this property boasts ample space for a substantial residence and landscaping. The asking price is $70,000. The lot's size provides considerable flexibility in design and construction, allowing for a spacious home with ample outdoor living areas. The subdivision's restrictions are detailed in associated documents, ensuring the maintenance of property values and a cohesive community aesthetic. This is an ideal location for those seeking a peaceful residential setting with the convenience of nearby amenities. The property's coordinates are 32.9365329 latitude and -103.3521663 longitude. Serious inquiries are encouraged to review the associated documents outlining the subdivision's restrictions and further details. Don't miss this chance to acquire a prime homesite in a sought-after Lovington neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.