110 Ute Drive

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110 Ute Drive

Logan, NM 88426
Asking Price
$225K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel available for purchase in Logan, New Mexico.
  • The property covers a total area of 0.538 acres.
  • Asking price for the site is set at 225,000 dollars.
  • Ideally positioned for diverse commercial, retail, or service-based developments.
  • Strategic location within the 88426 zip code and Quay County area.

What's Special

This commercial land offering at 110 Ute Drive in Logan, New Mexico, presents an acquisition for investors or business owners seeking a presence in this region. The 0.538-acre parcel provides a foundation for various commercial developments, aligning with the needs of local entrepreneurs looking to establish a footprint in the area. Situated within the Logan market, the property benefits from the accessibility characteristic of a growing municipality in the eastern part of the state. The tract is well-suited for professional service centers, retail storefronts, or specialized commercial storage facilities, depending on local regulatory alignment. Proximity to regional thoroughfares allows for functional visibility and connectivity for potential clientele. Interested parties can capitalize on the land's potential to accommodate construction projects tailored to current market demands, leveraging the acreage for a range of commercial business ventures in this established New Mexico landscape.

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NOI
$80,000
Cap Rate
35.56%
DSCR
5.99
Strong
Cash-on-Cash
98.73%
Monthly Payment
$1,113.177
Annual Cash Flow
$66,641.873

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