Property profile

0 Ave K Ave Lovington, NM 88260

OFF-MARKET
Land
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 19,840 square foot lot, located in Lovington, New Mexico, presents a unique opportunity for building a custom home. Situated on TBD W Avenue K Avenue, in Lea County, zip code 88260 (latitude 32.9365939, longitude -103.3586567), this expansive property offers ample space to create your ideal living environment. The asking price is $75,000. The land is currently undeveloped, providing a blank canvas for your vision. Recent improvements in the area include new paving and utility installations, ensuring convenient access to essential services. This is an excellent opportunity for those seeking a large lot in a developing area to construct a new home. The property is ready for immediate development, allowing you to begin the building process without delay. Don't miss this chance to secure a prime piece of land in Lovington, NM, and build the home you've always dreamed of. This property is being offered as-is. Buyers are responsible for conducting their own due diligence. This is an exclusive opportunity to own a large lot in a desirable location.

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

Ave K Ave Lovington, NM 88260
Lovington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Ave K Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message