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    OFF-MARKET
    Land

    6 Main St, Lovington, NM 88260

    Property ID
    Property summary
    AI-generated overview

    This exceptional opportunity presents two contiguous lots totaling 7,000 square feet, ideally situated on Main Street in Lovington, New Mexico. Located in Lea County, this property boasts a prime location within a thriving community, offering significant potential for development. The lots are conveniently situated at TBD LOT 5 & 6 Main Street, Lovington, NM 88260, with GPS coordinates of 32.9753361 latitude and -103.4511768 longitude. The combined lot size provides ample space for a variety of commercial or residential projects. The asking price for this exceptional land parcel is $25,000, representing a compelling investment opportunity in a growing New Mexico market. The dimensions of the combined lots are 50 feet by 140 feet, providing a rectangular footprint suitable for efficient design and construction. This property is zoned for [Zoning information not provided, therefore cannot be included]. Prospective buyers are encouraged to conduct their own due diligence to confirm zoning and development regulations. This is a rare chance to acquire a substantial piece of land in a desirable location, making it an attractive proposition for developers, investors, or anyone seeking to build in Lovington. Don't miss this chance to secure this valuable asset.

    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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