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Property profile & analytics
OFF-MARKET
Land

0 Highway 70 Alamogordo, NM 88310

Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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