Property profile

4000 540 Loop Logan, NM 88426

FOR SALE
Turn key restaurants
Property ID
US61-1047655
0.33 ac lot
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional business opportunity in Logan, New Mexico, is priced at $180,000. The property at 4000 540 Loop, 88426, includes a fully equipped food trailer ready for immediate operation. An 18x18 enclosed open-air eating area provides ample space for customers, complemented by an 18x18 covered deck and umbrella seating. Smokers and dedicated storage areas enhance operational efficiency. The sale also encompasses a 33-foot Travel Supreme 5th wheel, adding further value and potential uses. This established business boasts a proven track record of success at Ute Lake, making it an attractive investment for entrepreneurs seeking a turnkey operation. The property's square footage is not currently specified. The location offers easy access and visibility, contributing to the business's past success. This is a rare opportunity to acquire a profitable, established food service business with all the necessary equipment and infrastructure already in place. The property is situated in Logan, NM, within Quay County, offering a unique blend of business potential and recreational proximity to Ute Lake. This package presents a complete and ready-to-operate business, minimizing start-up costs and maximizing immediate revenue potential.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Construction WOOD
Lot 0.33 ac (14,560 SF)
APN 119307651251800
UPID US61-1047655

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4000 540 Loop Logan, NM 88426
Logan metro Census 958900
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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