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1015 S 17th St
Lovington, NM 88260
Specialty Property For Sale
·
48,400 SF
Investment Highlights
- Well-positioned, stabilized property with flexibility for full-time, part-time or unmanned staffing
- Low maintenance property with minimal CapX
- Attractive supply fundamentals, 6.5 SF per Capita within 3 miles
- Strong tertiary market rental rates (average on-site NCC 10x10 market rates of $1.22/month)
- Good demographics with 12,900 population and $73,248 median household income within 3 miles
- Seller is constructing 25,850 RSF of open parking with asphalt and bollards to be delivered in Q4-2025. This expansion will add $56,400 in Gross Pote
Property Facts
| Property Type | Specialty | Building Size | 48,400 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | B | Year Built | 2016 |
| Lot Size | 3.49 AC |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 3.49 AC |
| Building Size | 48,400 SF |
| No. Stories | 1 |
| Year Built | 2016 |
Property Taxes
| Parcel Number | 4000346950001 | Improvements Assessment | $640,378 |
| Land Assessment | $26,549 | Total Assessment | $666,927 |
Property Taxes
Parcel Number
4000346950001
Land Assessment
$26,549
Improvements Assessment
$640,378
Total Assessment
$666,927
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