911 Main Ave, Lovington, NM 88260
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.
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.