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Three-Lot Restaurant Property
For Sale
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Pending

700 N White Sands Blvd, Alamogordo, NM 88310

Includes a former restaurant building, a two-bedroom house, and an additional vacant lot.

Property SizeContact for details
Days on Market143

Property Features for 700 N White Sands Blvd

General Information

Standard status Pending
Property subtype Retail, Mixed Use
Listing Agency: Future Real Estate
Listed By: Justin Munoz · License #NM 19579
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 4:14PM

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 Future Real Estate

Investment Insights

Based on property information with market context.

This commercial property comprises three connected lots totaling 9,000 square feet. The 1,803-square-foot building previously operated as Margo's Restaurant, while a separate 980-square-foot house provides two bedrooms and one bathroom. A third lot remains vacant on the north side of the buildings.

The seller indicates the city will treat the property as commercial. The offering includes the land and improvements in their existing condition and will be sold as-is.

Key Highlights

  • Three lots totaling 9,000 sq ft
  • Former Margo's Restaurant building with 1,803 sq ft
  • Separate 980 sq ft house with 2 B/R and 1 Bath

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Storage Facility Veterinary Clinic Auto Parts Store Tech Support Center Computer & Electronic Repair Locksmith

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

Location Intelligence

Trade Area within ½ mile

939
Businesses Nearby
40k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 69% Dining 15% Apparel 8% Electronics 4%
AutoZone Shops & Services
5,620 visits/mo 0.3 miles
Wells Fargo Shops & Services
5,195 visits/mo 0.3 miles
Phillips 66 Shops & Services
4,581 visits/mo 0.4 miles
Shell Shops & Services
4,539 visits/mo 0.1 miles
Watermill Express Shops & Services
3,514 visits/mo 0.5 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes a former restaurant building, a two-bedroom house, and an additional vacant lot.
Where is this conventional restaurant located?
The property is located at 700 N White Sands Blvd Alamogordo, NM.
What are key features of this property?
This property features: Three lots totaling 9,000 sq ft; Former Margo's Restaurant building with 1,803 sq ft; Separate 980 sq ft house with 2 B/R and 1 Bath
More about this property
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