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    FOR SALE
    Turn key restaurants

    3200 N White Sands Blvd, Alamogordo, NM 88310

    8,913 SF 1.05 ac lot Built 1984
    Entity Owned 8-yr Hold Absentee Owner Free & Clear
    Property ID
    US61-0446877
    Property summary
    AI-generated overview

    This exceptional 1.05-acre commercial property located at 3200 N White Sands Boulevard in Alamogordo, New Mexico, presents a remarkable opportunity for a savvy restaurateur. Previously home to the popular Peppers Grill, this turnkey establishment boasts significant potential for growth. The property features two distinct dining rooms, each with its own separate entrance, offering the unique possibility of operating two separate restaurants or entertainment venues from a single, shared kitchen. This versatile layout allows for diverse operational strategies and increased revenue streams. The property's prime location benefits from the ongoing revitalization of the adjacent mall and the consistent foot traffic generated by the nearby fairgrounds, ensuring a steady flow of potential customers. This established restaurant is ready for immediate operation, minimizing start-up costs and maximizing return on investment. The seller is open to considering lease options or owner financing, making this an accessible and attractive proposition for qualified buyers. The property's size and location, combined with its existing infrastructure and high-traffic location, make it an ideal investment for those seeking a thriving restaurant business in a vibrant community. This is a rare chance to acquire a well-established restaurant with significant upside potential in a rapidly developing area. Don't miss this exceptional opportunity to own a piece of Alamogordo's culinary landscape. The asking price is $699,000.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1984
    Total area 8,913 SF
    Lot 1.05 ac (45,912 SF)
    APN 01N4055092075180
    UPID US61-0446877
    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
    • Simple Dumpsters General Contractor Waste Management Facility
    • Don root tularosa basin moaa chapter Association / Organization
    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
    Peppers Grill LLC · 8 yrs held
    Peppers Grill LLC
    since 2018
    4 recorded transactions
    2018
    2008
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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