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    OFF-MARKET
    Commercial real estate

    1005 9Th St, Alamogordo, NM 88310

    0.8 ac lot
    Property ID
    US61-0471091
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.8 ac (34,848 SF)
    UPID US61-0471091
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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