1005 9Th St Alamogordo, NM 88310
- Commercial real estate
- 0.80 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1005 9Th St
- Lot size
- 0.80 lot acres
- Property type
- Commercial real estate
Description
This 0.8-acre lot at 1005 E 9th St, Alamogordo, NM 88310, presents a unique investment opportunity. Located in the Sunshine Park area, this property is zoned for both commercial and residential use, offering flexibility for various development projects. The site plan for a 14-space manufactured housing development is already approved by the City of Alamogordo's planning and zoning department, providing a significant head start for potential investors. Its proximity to Holloman Air Force Base and the new Amazon distribution center ensures strong occupancy and rental rates, making it an attractive proposition for owner-operators. All city utilities are readily accessible. The asking price is $99,000, and owner financing may be available. This property is ideal for those seeking a hands-on investment with significant potential for return. The property is situated in Otero County and benefits from its strategic location within Alamogordo, offering easy access to major transportation routes and amenities. This is a rare opportunity to acquire a fully approved development site in a high-demand area. Purchase is the available lease option. The property's location and zoning make it suitable for a variety of uses, from residential to commercial ventures. Don't miss this chance to capitalize on the growing Alamogordo market.
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
- -105.9495855
- Latitude
- 32.8991831
