Property profile

0 Tbd Dencoe Dr Lovington, NM 88260

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 6,000 square foot land parcel presents a unique investment opportunity in Lovington, New Mexico. Located on TBD Dencoe Drive in Lea County, this property offers significant potential for various development projects. The asking price is $45,000, making it an attractive entry point for developers or investors seeking land in a growing area. The property's size provides ample space for a range of uses, subject to local zoning regulations. Its location in Lovington, NM, offers access to essential amenities and infrastructure. The property's address is listed as TBD Dencoe Drive, Lovington, NM 88260. Detailed site surveys and environmental assessments are recommended prior to any development plans. Prospective buyers are encouraged to conduct their own due diligence to verify zoning regulations and permitted uses. This is a blank canvas for your vision, ready for development in a dynamic New Mexico location. The coordinates for this property are 32.9265467 latitude and -103.3459789 longitude. This represents a compelling opportunity to acquire land in a desirable location at a competitive price. Serious inquiries are welcome.

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

Tbd Dencoe Dr Lovington, NM 88260
Lovington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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