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    OFF-MARKET
    Commercial real estate

    2528 Shore Dr, Logan, NM 88426

    1 ac lot
    Property ID
    US61-1012947
    Property summary
    AI-generated overview

    Build your dream home on this exceptional 1-acre lot nestled in South Shore Village at Ute Lake, New Mexico. This property offers ample space for a custom home and outdoor living areas, all within a picturesque setting. Utilities are readily available at the property line, including electricity, water, and fiber optic internet, simplifying the construction process. While a septic tank is required, this allows for customized design to meet your specific needs. Enjoy the convenience of a nearby boat ramp for easy access to the recreational opportunities of Ute Lake – perfect for boating and fishing enthusiasts. The serene environment and beautiful surroundings create a tranquil backdrop for your new home. Located in Quay County, New Mexico, with the address 2528 South Shore Drive, Logan, NM 88426 (35.3394583, -103.4566341), this lot presents a unique opportunity to own a piece of paradise near Ute Lake. The asking price is $45,000. Don't miss this chance to create your ideal lakeside retreat.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1 ac (43,560 SF)
    UPID US61-1012947
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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