508 White Sands Blvd Alamogordo, NM 88310
Property profile & analytics
508 White Sands Blvd, Alamogordo, NM 88310
- Automotive properties
- 9,739 SF
- 0.46 lot acres
Property ID
US61-0399364
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Economy Inn - Alamogordo / Hotel & Motel
Property Details for 508 White Sands Blvd
- Year built
- 1965
- Lot size
- 0.46 lot acres
- Property type
- Automotive properties
- APN
- 01N4055095065187
- APU
- 01N4055095065187
Description
This exceptional investment opportunity presents a 28-key motel situated on 0.46 acres at 508 S White Sands Blvd, Alamogordo, NM 88310. Built in 1957, the Economy Inn offers a unique blend of vintage charm and significant potential. The two-story building presents a canvas for renovation and repositioning, allowing for the creation of a boutique hotel, charming bed and breakfast, or other hospitality concept. Its location on bustling White Sands Boulevard ensures convenient access to local attractions, shopping, and dining, guaranteeing a consistent flow of potential guests. The asking price for this well-established property is $1,150,000. This property represents a compelling opportunity for investors seeking to capitalize on the thriving hospitality sector in Alamogordo, New Mexico. The property's central location and existing infrastructure provide a solid foundation for future success, offering a unique chance to shape the future of this established Alamogordo landmark. The 28 rooms provide immediate revenue potential, while the property's size and location offer significant upside for expansion or enhancement. This is a rare chance to acquire a well-positioned motel in a desirable New Mexico market.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Alamogordo
- County
- Otero
- State
- New Mexico
- Longitude
- -105.961
- Latitude
- 32.8849
- CBSA code
- 10460
- CBSA name
- ALAMOGORDO, NM MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,263
$65,882
$62,765
$128,647
-
$197,646
$188,296
$385,942
