0 Ave K Ave, Lovington, NM 88260
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.
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.