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    OFF-MARKET
    Commercial real estate

    911 Main Ave, Lovington, NM 88260

    Property ID
    US61-0765841
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 911 S Main Avenue in Lovington, New Mexico, presents a unique investment opportunity. The 21,000 square foot lot is zoned for a variety of commercial uses, including land, office, and retail, offering significant flexibility for developers and investors. Situated in Lea County, New Mexico, with a zip code of 88260, this property boasts a highly visible location on South Main Avenue, providing excellent exposure to high traffic volume. The asking price for this expansive lot is $350,000. Its strategic location within Lovington offers easy access to local amenities and a thriving business community. The property's substantial size allows for the development of a large-scale commercial project, potentially including multiple buildings or a single expansive structure. This presents a rare chance to acquire a significant piece of commercial real estate in a growing New Mexico market. The latitude and longitude coordinates are 32.9392668 and -103.3483732 respectively, allowing for easy location verification and mapping. This is an ideal opportunity for those seeking to establish a new business, expand an existing operation, or capitalize on the potential for future appreciation in this dynamic market. Don't miss this chance to secure a prime commercial property in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US61-0765841
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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