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    OFF-MARKET
    Commercial real estate

    521 Love St, Lovington, NM 88260

    Individually Owned 1-yr Hold
    Property ID
    US61-0717858
    Property summary
    AI-generated overview

    This exceptional 4,160 square foot lot, located at 521 N Love Street in Lovington, New Mexico, presents a fantastic opportunity for residential development. Situated in Lea County, zip code 88260, this conveniently located city lot boasts dimensions of 80 feet by 52 feet, providing ample space for a new construction project. The property's prime location offers easy access to local amenities and services. A significant advantage is the availability of utilities, simplifying the construction process and reducing upfront costs. The asking price for this remarkable property is $35,000. This represents an excellent investment opportunity for those seeking to build in a desirable New Mexico community. The lot's size and location make it ideal for a single-family home or a smaller multi-family development, subject to local zoning regulations. With utilities readily available, this lot is ready for immediate development, making it an attractive option for builders and investors alike. Don't miss this chance to acquire a prime piece of land in the thriving city of Lovington. Contact us today to learn more and schedule a viewing.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US61-0717858
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Marco A Munoz · 1 yrs held
    Marco A Munoz
    since 2025
    1 recorded transaction
    2025
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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