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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
Price N/A
2022
Price N/A
2022
Price N/A
2020
Price N/A
2019
Price N/A
2019
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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