6 Main St, Lovington, NM 88260
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.
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.