Property profile

911 Main Ave Lovington, NM 88260

OFF-MARKET
Commercial real estate
Property ID
US61-0765841
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Property summary

AI-generated overview

This exceptional commercial property, located at 911 S Main in Lovington, New Mexico, presents a compelling investment opportunity. Priced at $350,000, the property is classified as general commercial and offers significant potential for a variety of uses. While the square footage is not currently specified, the property sits on a zero-acre lot, suggesting a compact and potentially easily managed space. Its location on South Main Street in Lovington provides excellent visibility and accessibility, making it an ideal site for a business seeking high foot traffic or convenient access for customers. The absence of specified square footage necessitates an on-site inspection to determine the precise dimensions and layout of the interior space. This allows potential buyers to tailor their vision for the property's future use, whether it be retail, office space, or another commercial application. The property's strategic location within Lovington, combined with its attractive price point, makes it a highly desirable asset for investors seeking a strong return on their investment. Further due diligence is recommended to fully assess the property's potential and suitability for intended use. Interested parties are encouraged to schedule a viewing to explore the possibilities this property offers.

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

Location

911 Main Ave Lovington, NM 88260
Lovington metro
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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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