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Single-Tenant Office Building
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901 N Florida Ave, Alamogordo, NM 88310

Single-tenant office building on 7,751 SF, with tenant self-maintenance and responsibility for insurance and taxes.

Property Size7,751 SF
Price / SF$123.25
Days on Market862

Property Features for 901 N Florida Ave

General Information

Standard status Active
Size 7,751 SF
Property subtype OFFICE

Building Details

Tenancy Single
Listing Agency: Western States Commercial Real Estate
Listed By: Michael Reneau · License #19679
Source: Moodyscre
Added: Mar 21, 2024 Changed: Jul 29 Last Checked: Jul 29 at 12:53PM

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 Western States Commercial Real Estate

Investment Insights

Based on property information with market context.

Single-tenant office building totaling 7,751 SF. The current tenant self-maintains the building and pays both building insurance and taxes. The tenant has occupied the space for over 15 years and recently extended the lease for another 5 years, reflecting long-term commitment to the location.

901 N Florida Ave is offered as a for-sale opportunity with a lease that includes base rent increases of 5% annually. The property is positioned to support an office user seeking a long-tenured, single-occupant setup with ongoing tenant involvement in building upkeep.

For buyers evaluating single-tenant office real estate, this arrangement provides clear tenant responsibility for maintenance, insurance, and taxes, alongside a documented lease extension term.

Key Highlights

  • 7,751 SF single‑tenant office building
  • Tenant self‑maintains the building
  • Tenant pays building insurance and taxes

Property Analytics

Current Use

TDS Alamogordo Cafe & Coffee Shop TDS Telecommunications Service

Suggested Use

Top Pick Kitchen & Bath Showroom Auto Parts Store Veterinary Clinic Building Supply Tech Support Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

958
Businesses Nearby

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 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?
Office building - Single-tenant office building on 7,751 SF, with tenant self-maintenance and responsibility for insurance and taxes.
Where is this office building located?
The property is located at 901 N Florida Ave Alamogordo, NM.
What is the asking price?
The asking price for this property is $955,346.
What are key features of this property?
This property features: 7,751 SF single‑tenant office building; Tenant self‑maintains the building; Tenant pays building insurance and taxes
(505) 999-0527 Call to check price and availability
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