Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    508 S White Sands Blvd Alamogordo, NM 88310

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $950,000

    28-room motel in Alamogordo, NM with value-add potential.

    Property Features for 508 S White Sands Blvd

    General Information

    Standard status
    Active

    Building Details

    Year built
    1957

    We can help!

    Listing Contact
    Jigar Jay Desai
    Jigar Jay Desai
    Source: Crexi

    Listing Agency: NewGen Advisory Phoenix Listing Agent: Jigar Jay Desai

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Economy Inn Motel For Sale

    The Economy Inn is a 28-room limited-service motel located in Alamogordo, New Mexico. The property offers a simple and efficient operational model well suited for an owner-operator or hands-on investor. On-site manager’s quarters are included, enabling ownership to live on-site while reducing payroll expenses and maintaining direct oversight of daily operations. This asset presents a strong value-add opportunity with potential to increase revenue through improved rate management, enhanced marketing exposure, and operational efficiencies. With its manageable room count and functional layout, the property is ideal for an owner-operator seeking a hospitality investment with upside potential through increased occupancy, ADR growth, and overall operational improvements. The property is well-located within Alamogordo with accessibility to key local demand drivers. The property offers an opportunity to enhance ADR, increase occupancy, and modernize property presentation. It is also an ideal entry-level investment for first-time hospitality investors or regional operators expanding footprint.
    Location Intelligence

    Current Use by Public Records

    Economy Inn - Alamogordo Hotel & Motel

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Motel 6 Alamogordo, NM, White Sands Motel, The Classic Desert Aire Hotel, Hotel, Hampton Inn Alamogordo

    Location Insight

    • Map
    • Local Demand
    City
    Alamogordo
    County
    Otero
    State
    New Mexico
    Longitude
    -105.959952
    Latitude
    32.895356

    Nearby Similar for Sale

    • $139,900
      1,116 SF

      Remodeled Commercial Office Space

      Recently remodeled office space with flexible layout in Alamogordo.
      901 Delaware Ave, Alamogordo, NM 88310
      View Details
    • $450,000
      1,090 SF

      In-Bay Automatic Car Wash

      Car wash with potential for increased profitability.
      675 East 10Th St, Alamogordo, NM 88310
      View Details
    • Contact for pricing
      2,624 SF

      Restaurant Opportunity on White Sands

      Freestanding restaurant with equipment in high-traffic commercial corridor.
      600 N White Sands Blvd, Alamogordo, NM 88310
      View Details
    • Contact for pricing
      7,751 SF

      Adaptable Two-Story Commercial Building

      Versatile building suitable for office, education, medical, or service uses.
      901 N Florida Ave, Alamogordo, NM 88310
      View Details
    • $940,575
      7,751 SF

      Alamogordo Office Investment

      High-yield, single-tenant office building.
      901 Florida Ave, Alamogordo, NM 88310
      View Details
    • Contact for pricing
      3,612 SF

      Income-Producing Commercial Asset For Sale

      Stabilized commercial asset with long-term tenant in place.
      1640 N White Sands Blvd, Alamogordo, NM 88310
      View Details
    • $699,000
      1.05 Acres

      Alamogordo Restaurant - Turnkey Opportunity

      Established Restaurant, High Traffic Area, Owner Finance Available
      3200 White Sands Blvd, Alamogordo, NM 88310
      View Details
    • Contact for pricing
      30,500 SF

      Alamogordo Church & Assembly Facility

      30,500 SF church/institutional facility in central Alamogordo.
      1100 Michigan Ave, Alamogordo, NM 88310
      View Details
    • Contact for pricing
      5,000 SF

      Adaptable Building in Alamogordo, NM

      5,000 SF building on 0.70-acre lot in Alamogordo, NM.
      1800 E 1St St, Alamogordo, NM 88310
      View Details
    • $450,000
      0.62 Acres

      Alamogordo Commercial Building - $450k

      Prime Alamogordo location, restaurant equipment included.
      00 Lavelle Rd, Alamogordo, NM 88310
      View Details
    • Contact for pricing
      6,138 SF

      Retail Building with Cultivation Facility

      Freestanding retail building with cannabis dispensary and cultivation facility.
      2010-2013 Pecan Dr, Alamogordo, NM 88310
      View Details
    • $1,150,000

      Alamogordo Motel Investment

      28-Room Motel, Prime Location
      508 White Sands Blvd, Alamogordo, NM 88310
      View Details

    FAQs

    What type of property is this?
    Motel - 28-room motel in Alamogordo, NM with value-add potential.
    Where is this motel located?
    The property is located at 508 S White Sands Blvd Alamogordo, NM.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Value-add opportunity through improved rate strategy, marketing, and operational efficiencies.; - On-site manager's quarters for reduced payroll and increased oversight.; - Opportunity to enhance ADR and increase occupancy.
    (520) 664-4091
    Request Owner's contact information
    508 S White Sands Blvd Alamogordo, NM 88310
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    508 S White Sands Blvd
    Alamogordo, NM 88310
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    508 S White Sands Blvd Alamogordo, NM 88310
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jigar Jay Desai
    Jigar Jay Desai
    Real Estate License ID: SA675144000
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!