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    2109 Walker Ave Alamogordo, NM 88310

    Sponsored
    For Sale
    $350,000

    1.13-Acre Commercial Lot, 6000 SF Building

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.13-acre commercial property in Alamogordo, New Mexico, presents a unique investment opportunity. Located at 2109 S Walker Avenue, this versatile site boasts a substantial 6,000 square foot building, ideally situated just off Highway 70, offering excellent visibility and accessibility. The building features a clear-span interior with impressive 18.5-foot interior eave heights, providing ample space for a variety of commercial uses. Included within the 6,000 square feet is approximately 500 square feet of dedicated office space, complete with men's and women's restrooms. The property's expansive lot size provides ample parking and significant potential for future expansion. The building's adaptable design allows for customization to suit a wide range of business needs. This prime location in Otero County, with its convenient access to Highway 70, makes this property an attractive option for entrepreneurs and investors seeking a strong foothold in the Alamogordo market. The property is zoned for commercial use and is offered at an asking price of $350,000. The legal description is S2, T17, R9, TR IN NW 1/4 SE 1/4, Metes & Bounds, and the zip code is 88310. Don't miss this chance to acquire a highly adaptable commercial property with significant growth potential.

    Property Features for 2109 Walker Ave

    General Information

    Property type
    Land
    Square Feet
    6,000 SF
    Lot Size
    49,223 SF

    HighLights

    • $350,000 asking price.
    • 1.13‑acre lot in Alamogordo, NM.
    • 6,000 square foot building.
    • Located on S Walker Ave, off Hwy 70.
    • Features 500 sq ft of office space with restrooms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Alamogordo
    County
    Otero
    State
    New Mexico
    Longitude
    -105.9809586
    Latitude
    32.865337

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    FAQs

    What type of property is this?
    Land - 1.13-Acre Commercial Lot, 6000 SF Building
    Where is this land located?
    The property is located at 2109 Walker Ave Alamogordo, NM.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; 1.13-acre lot in Alamogordo, NM.; 6,000 square foot building.
    Request Owner's contact information
    2109 Walker Ave 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
    2109 Walker Ave Alamogordo, NM 88310
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