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Ute Lake Mixed-Use Property
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100 Walleyed Pike Drive, Logan, NM 88426

Versatile property near Ute Lake State Park with income potential.

Property Size2,400 SF
Price / SF$206.25
Days on Market644

Property Features for 100 Walleyed Pike Drive

General Information

Standard status Active
Size 2,400 SF
Property subtype Mixed Use, Office, Retail
Zoning NZ

Building Details

Year Built 2022
Listing Agency: Ute Lake Premier Properties, LLC
Listed By: Tj Smith · License #17167
Source: Crexi
Added: Nov 16, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ute Lake Premier Properties, LLC

Investment Insights

Based on property information with market context.

Located steps from the main entrance to Ute Lake State Park in Logan, NM, this property is currently a boat dealership with outdoor storage and a 30-unit boat storage facility. It features a 40x60 shop equipped with a heater for year-round use, and a detached office with a kitchenette and restroom. An additional storage container is located on-site. The storage yard, office, and shop are enclosed by a secure fence with a locked gate and security lighting. Zoned residential/commercial, the property is suited for business operations or personal use, offering income generation. It is an ideal investment for operating a business, with income from storage units, or for a family seeking storage for lake toys and a gathering place, benefiting from rental income.

Key Highlights

  • Prime Location: Steps from Ute Lake State Park entrance.
  • Income Potential: Includes a 30‑unit boat storage facility.
  • Secure Property: Fully fenced with locked gate and security lighting.

Property Analytics

Current Use

Self storage facilities

Location Intelligence

Trade Area within ½ mile

Demographics for 88426, NM

1,204
Population
1,094
Households
1.1
Avg Household Size
58
Median Age
12%
College-Educated
92%
High-School Grad
793.9 sq mi
ZIP Area
2
Density / Sq Mi
$29,891
Median Household Income
$27,596
Median Earnings
$1,085
Median Rent
$112,600
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Versatile property near Ute Lake State Park with income potential.
Where is this mixed-use property located?
The property is located at 100 Walleyed Pike Drive Logan, NM.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Prime Location: Steps from Ute Lake State Park entrance.; Income Potential: Includes a 30‑unit boat storage facility.; Secure Property: Fully fenced with locked gate and security lighting.
(575) 403-7500 Call to check price and availability
More about this property
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