1400 Tatum Hwy Lovington, NM 88260
- Commercial real estate
- 30.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1400 Tatum Hwy
- Lot size
- 30.00 lot acres
- Property type
- Commercial real estate
Description
This unique 30-acre property in Lea County, New Mexico, boasts excellent road frontage on Tatum Highway near Lovington (zip code 88260). The expansive land includes three homes: a 3,484 sq ft main house featuring 3 bedrooms, 1.5 bathrooms, a granite kitchen, a large master shower, a pellet stove in a sunroom/patio with an attached hot tub, an attached bonus room, ample storage, a sprinkler system, and an above-ground pool. A second home offers 1,600 sq ft, 3 bedrooms, 2 bathrooms, a 2-car carport, a fenced yard, and a covered patio with a sprinkler system. The third home comprises 1,446 sq ft, 3 bedrooms, 1.5 bathrooms (including a Jack-and-Jill bath), custom windows, and a sprinkler system. Beyond the residences, the property includes a party barn, several additional barns, heated and air-conditioned dog kennels with runs, and a lighted roping arena. This exceptional property presents a rare opportunity for a variety of uses. The asking price is $1,300,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lovington
- County
- Lea
- State
- New Mexico
- Longitude
- -103.331514
- Latitude
- 32.97042
