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Fenced Flex Building with Yard
For Sale
$195,000

97 US Hwy 82, Alamogordo, NM 88310

COMMERCIAL/INDUSTRIAL, Alamogordo, NM

Property Size2,000 SF
Lot Size1.00 Acre
Price / SF$97.50
Days on Market302

Property Features for 97 US Hwy 82

General Information

Property type Commercial Sale
Property subtype Other
Subdivision E of ALAMO S of 82
Standard status Active
APN R033250
Size 2,000 SF
Lot size 1.00 Acre

Utilities

Cooling system Other (Cooling)

Building Details

Year built 1997
Building materials METAL
Listing Agency: Cloudcroft Properties
Listed By: MARSHA SLANE · License #18566
Added: Nov 21, 2025 Changed: Aug 26 Last Checked: Sep 19 at 9:06PM
MLS# 171887

Copyright © 2026 Otero County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex property includes a 2,000 square foot metal building constructed in 1997 on a fully fenced one acre lot. The insulated structure has 14 foot ceilings, cooling, a regular entry door, and a rolling steel door for access. The level area surrounding the building provides room for potential expansion, while multiple gates support access to the site.

The property fronts US Hwy 82 in Alamogordo, NM, with highway access and frontage. Water service is provided through a shared well agreement with the adjacent property, and a septic system is installed on-site.

Key Highlights

  • 2,000 square foot metal building constructed in 1997
  • Fully fenced one acre lot on US Hwy 82
  • 14 foot ceilings with insulation and cooling

Property Analytics

Current Use

Flex space

Lease Details

14 ft
Clear height
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby
Well-served
Demand for This Use

Demographics for 88310, NM

35,935
Population
18,112
Households
2
Avg Household Size
40
Median Age
25%
College-Educated
92%
High-School Grad
618.9 sq mi
ZIP Area
58
Density / Sq Mi
$53,833
Median Household Income
$35,616
Median Earnings
$877
Median Rent
$164,300
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Insulated metal flex space with cooling, multiple access points, and a level surrounding yard for expansion.
Where is this flex space located?
The property is located at 97 US Hwy 82 Alamogordo, NM.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 2,000 square foot metal building constructed in 1997; Fully fenced one acre lot on US Hwy 82; 14 foot ceilings with insulation and cooling
More about this property
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