Property profile

8 Ave K St Lovington, NM 88260

OFF-MARKET
Land
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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

Location

8 Ave K St Lovington, NM 88260
Lovington metro
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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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