1807 10th St Sta A Alamogordo, NM 88310-5050
This exceptional commercial land offering presents a unique investment opportunity in Otero County. The property consists of pad sites ranging from zero to one acre, ideal for single-tenant development. Strategically located within a Planet Fitness-anchored shopping center, this location benefits from high visibility and accessibility. The site is situated on a major arterial street, ensuring significant traffic flow and exposure for any business. A signalized intersection provides multiple full-access points, simplifying ingress and egress for customers and employees. Furthermore, the property enjoys close proximity to established residential neighborhoods, providing a readily available customer base. This presents a rare chance to build-to-suit, ground lease, or purchase land in a thriving commercial area with excellent demographics and high traffic counts. The flexible options cater to a variety of development plans, making it an attractive proposition for investors seeking a strong return on investment. The combination of a prime location, excellent visibility, and convenient access makes this property an exceptional opportunity for businesses seeking to establish a strong presence in a growing market. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.