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    Highway 70 Alamogordo, NM 88310

    Sponsored
    For Sale
    $720,000

    143 Acres, Prime Commercial Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 143-acre commercial land parcel presents a unique investment opportunity in Alamogordo, New Mexico. Strategically located on Highway 70 West, this northeast corner lot offers unparalleled visibility and accessibility. The property boasts an impressive 0.20 miles of frontage along the highway, ensuring high traffic exposure for any commercial venture. Its proximity to both downtown Alamogordo (just 6 miles away) and Holloman Air Force Base (1.5 miles away) makes it an ideal location for a variety of developments. The land's versatility is further enhanced by its bordering proximity to both New Mexico State Land (BLM) and private ranch property. This presents a unique opportunity for developers seeking a large-scale project with potential for commercial, residential, or even solar energy development. The asking price for this expansive and strategically positioned property is $720,000. The property's address is Hwy 70 W, Alamogordo, NM 88310. This is a rare chance to acquire a significant land holding in a rapidly growing area with excellent infrastructure and access. The property's size and location make it a compelling investment for those seeking substantial returns in the New Mexico commercial real estate market.

    Property Features for 0 Highway 70

    General Information

    Property type
    Land

    HighLights

    • $720,000 asking price for 143 acres of commercial land.
    • Located in Alamogordo, NM, on Hwy 70 W, zip code 88310.
    • High visibility northeast corner lot with 0.20 miles of Hwy 70 frontage.
    • 6 miles from downtown Alamogordo and 1.5 miles from Holloman Air Force Base.
    • Suitable for commercial, residential, or solar development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alamogordo
    County
    Otero
    State
    New Mexico
    Longitude
    -106.01772338271
    Latitude
    32.852035625699

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    FAQs

    What type of property is this?
    Land - 143 Acres, Prime Commercial Development
    Where is this land located?
    The property is located at Highway 70 Alamogordo, NM.
    What is the asking price?
    The asking price for this property is $720,000.
    What are key features of this property?
    This property features: $720,000 asking price for 143 acres of commercial land.; Located in Alamogordo, NM, on Hwy 70 W, zip code 88310.; High visibility northeast corner lot with 0.20 miles of Hwy 70 frontage.
    Request Owner's contact information
    Highway 70 Alamogordo, NM 88310
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    Alamogordo, NM 88310
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    Realmo Value Estimation

    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.

    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.

    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
    Highway 70 Alamogordo, NM 88310
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