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    OFF-MARKET
    Land

    8 Ave K St, Lovington, NM 88260

    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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