176 Lee Ranch Rd - Specialty FOR SALE


Lovington, NM 88260
$680,000 USD
505-204-8129
176 Lee Ranch Rd, Lovington, NM for Sale
$680,000 USD
Specialty - FOR SALE
1/35
null | Request Cap Rate

Oct '25


176 Lee Ranch Rd
Lovington, NM 88260


OVERVIEW

80 Acre Oasis in the heart of Oil & Gas Country. The 3,975 square foot residence has 4 Bedrooms and 3 Bathrooms, while sitting on the 8 acre homesite portion of the property. Additional improvements on the property include an equestrian out-door pipe arena, 871 square foot horse shed, and 840 square foot equipment shed. The property also features several outbuildings, pens, and a swimming pool. There is a domestic well. The New Mexico State Land Office is selling this property through a sealed bid auction (LE-1423). For more information on this auction, please follow the link below: https://www.nmstatelands.org/2025/05/30/land-sale-auction-le-1423/

FOR SALE DETAILS

PRICE

$680,000 USD

PRICE/SF

$171 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Lane Lee Ranch LE-1423

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

80 AC

LAND SF

3,484,800 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Christopher WolfLand Office, New Mexico StateMore Info
505-204-8129

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Christopher WolfLand Office, New Mexico StateMore Info
505-204-8129

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.