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    OFF-MARKET
    Commercial real estate

    00 Lavelle Rd, Alamogordo, NM 88310

    0.62 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, situated at 00 La Velle Rd in Alamogordo, New Mexico, presents a unique investment opportunity. Spanning 0.62 acres, the building offers significant potential for a variety of commercial ventures. The property is ideally suited for a restaurant, given the inclusion of all restaurant tables, chairs, a bar, and a commercial freezer – all of which convey with the sale. However, its versatile design and ample space make it equally suitable for office space, retail operations, or other commercial uses. The possibilities are truly diverse. The location itself is a key advantage, boasting convenient access and abundant parking. This property offers a compelling combination of prime location, included equipment, and adaptable space, making it an attractive proposition for discerning investors and entrepreneurs seeking a foothold in the thriving Alamogordo market. The building's size is not specified, but the expansive 0.62-acre lot provides ample room for expansion or outdoor amenities. The sunny Alamogordo climate further enhances the property's appeal. This is a turnkey opportunity for immediate occupancy and operation. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.62 ac (27,007 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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