Hamilton Rd Alamogordo, NM 88310
- Land
- 32.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Hamilton Rd
- Lot size
- 32.00 lot acres
- Property type
- Land
Description
This exceptional 32-acre property in Alamogordo, New Mexico, presents a unique investment opportunity. Located on Hamilton Road, zip code 88310, this expansive lot is zoned R1, though possibilities for commercial or higher-density development may exist, pending verification with the city's planning and zoning department. The property's size is a rare find within the city limits, making it ideal for various projects. While currently zoned R1, exploring alternative zoning designations is encouraged. Utilities appear to be accessible, with sewer and water potentially available at the northern end and electricity running along the property's longer sides. The seller is open to creative financing options, including joint ventures, owner financing, and potential replatting. This presents a chance to acquire the entire parcel or a portion thereof, catering to diverse investment strategies. Given its size and location, this land offers significant potential for both immediate development and long-term appreciation. Low property taxes further enhance its investment appeal. Buyer due diligence is strongly recommended to verify zoning and utility access.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alamogordo
- County
- Otero
- State
- New Mexico
- Longitude
- -105.965
- Latitude
- 32.8628
