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    Lovington, NM
    Retail

    Lovington, NM Retail Space for Sale

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    Tatum, NM
    Divisible Storefront Retail Property
    Updated: Feb 25
    Divisible Storefront Retail Property

    107 E Washington Ave, Lovington, NM 88260

    $460,000
    6,702 sqft 0.15 AC lot
    6,702‑square‑foot storefront retail property on 0.15 acres
    107 and 109 E Washington Ave can be divided into 2 units
    Five non‑metered curbside parking spaces
    Additional free parking available across the street
    Courthouse located directly across the street
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lovington, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corner-Lot Retail Building
    Corner-Lot Retail Building

    300 W Ave A, Seminole, TX 79360

    $499,000
    4,661 sqft 0.34 AC lot

    Metal construction, on-site parking, and an occupied section complement available commercial space.

    View details
    Drive-Through Restaurant Property
    Drive-Through Restaurant Property

    1615 W Millen Dr, Hobbs, NM 88240

    $2,300,000
    2,585 sqft 7.62 AC lot

    The 2022 building includes a drive-thru window and large parking area within a developing commercial district.

    View details
    Prime Corner Lot in Seminole
    Prime Corner Lot in Seminole

    300 W Ave A, Seminole, TX 79360

    $499,000
    0.34 AC lot

    Ready for occupancy, central location, ample parking, easy access.

    View details
    Hobbs Pavillion Shopping Center
    Hobbs Pavillion Shopping Center

    1901 Joe Harvey Blvd, Hobbs, NM 88240

    Contact for pricing
    5,249 sqft

    Retail-oriented shopping center with an established capitalization profile.

    View details

    Lovington, NM Retail Space Market Trends and Statistics

    Explore 1 retail space for sale in Lovington, NM on our real estate platform. These investment opportunities span a total of 6,702 square feet of properties for sale, with an estimated market value of $460,000.

    Sale prices for retail space in Lovington, NM average $460,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 1
    Automotive properties 1
    Storefront properties 1

    Demographics Overview

    Population 15K
    Population Growth (5Y) +1.8%
    Median Household Income $75,197
    College Educated 23.2%

    Taxes & Financing

    Tax Rate (average for all types) 2.88%
    Property Tax per SF $0.55 per SF
    Tax Rate vs County Average 0.18 pp above county avg
    Average Loan-to-Value 65.0%

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