141 Hawk Road

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141 Hawk Road

Lovington, NM 88260
Asking Price
$275K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel measuring 61.22 acres for sale
  • Priced at 275,000 dollars for the entire site
  • Positioned within the growing commercial market of Lovington
  • Large acreage suitable for varied industrial or commercial uses
  • Located in a region with significant economic development activity

What's Special

This land for sale provides a strategic acquisition for investors or developers seeking commercial expansion in Lovington, New Mexico. Spanning 61.22 acres, the parcel offers substantial space for large-scale commercial projects in a region known for its contributions to the energy sector and agricultural economy. The site layout supports a variety of industrial or commercial development applications, capitalizing on the expansive regional landscape. The Lovington area serves as a key hub within Lea County, maintaining steady demand for land development to support local growth and business operations. Prospective buyers can leverage the significant acreage to implement site plans that require substantial footprint requirements, whether for storage, distribution, or manufacturing purposes. Its positioning within this active submarket allows for diverse long-term holding or immediate development strategies in a professional and accessible commercial corridor.

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NOI
$80,000
Cap Rate
29.09%
DSCR
4.90
Strong
Cash-on-Cash
77.18%
Monthly Payment
$1,360.55
Annual Cash Flow
$63,673.401

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