1005 9Th St, Alamogordo, NM 88310
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.