Highway 70 Alamogordo, NM 88310
- Land
Current Use by Public Records
- Land
Property Details for 0 Highway 70
- Property type
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alamogordo
- County
- Otero
- State
- New Mexico
- Longitude
- -106.018
- Latitude
- 32.852
