Property profile

6 Main St Lovington, NM 88260

OFF-MARKET
Land
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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

Location

6 Main St Lovington, NM 88260
Lovington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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