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    Property profile & analytics
    OFF-MARKET
    Super regional malls

    3199 White Sands Blvd, Alamogordo, NM 88310-6162

    268,811 SF 16.31 ac lot Built 1982
    Entity Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US61-0472587
    Property summary
    AI-generated overview

    Two exceptional pad sites are available for sale or ground lease in Alamogordo, New Mexico, offering prime retail opportunities. Located directly in front of the bustling White Sands Mall, these properties boast unparalleled visibility and accessibility. Tract 3 encompasses approximately 0.436 acres, while Tract 5 offers approximately 0.615 acres. Both sites benefit from their strategic position along North White Sands Boulevard, a major arterial road experiencing a high volume of daily traffic—15,797 vehicles per day. The strong tenant mix at the adjacent White Sands Mall includes well-known national retailers such as Hobby Lobby, Big Lots, Ashley Home Store, Ross, Marshalls, and Harbor Freight, creating a vibrant and attractive retail environment. The properties offer multiple access points, ensuring convenient ingress and egress for customers and employees. These sites present a unique opportunity for businesses seeking high visibility and a strong customer base in a thriving retail corridor. The land is designated for commercial use, specifically retail pad sites, and is suitable for a variety of development options. The single-tenant designation allows for focused development and streamlined operations. This is an exceptional opportunity to establish a presence in a high-demand retail location.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Year built 1982
    Total area 268,811 SF
    Lot 16.31 ac (710,507 SF)
    APN 01N4054093520110
    UPID US61-0472587
    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
    Current use
    Occupant on record · Public records
    • Watermill Express Big Box & Wholesale Store
    • Children's Dental Clinic Dental Office
    • Alamogordo VA Clinic Hospital
    • L a Nails Nail Salon
    • White Sands Mall Shopping Center & Mall
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Retail Equity Development 7 LLC · 2 yrs held
    Retail Equity Development 7 LLC
    since 2024
    7 recorded transactions
    2024
    2022
    2022
    2020
    2019
    2019
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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