804 White Sands Blvd Alamogordo, NM 88310-7112
Property profile & analytics
804 White Sands Blvd Alamogordo, NM 88310-7112
- Turn key restaurants
- 3,240 SF
- 0.29 lot acres
Property ID
US61-0484875
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
- La Hacienda Mexican Restaurant / Restaurant
- Del Taco / Restaurant / Take-out & Catering
- Agave Margaritas / Restaurant
Property Details for 804 White Sands Blvd
- Year built
- 1975
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.29 lot acres
- Property size
- 3,240 SF
- Property type
- Turn key restaurants
- APN
- 01N4055094095237
- APU
- 01N4055094095237
Description
This exceptional investment opportunity presents a fee-simple ownership of a Del Taco restaurant in Alamogordo, New Mexico. The 2,524 square foot building, constructed in 2016, sits on a 0.78-acre lot with 31 parking spaces and benefits from a prime location on S. White Sands Blvd, a major retail thoroughfare with 23,100 vehicles passing daily. The property boasts excellent visibility and accessibility, situated within a dense retail corridor alongside other national QSR brands like McDonald's, Burger King, and Taco Bell. The Del Taco franchisee, Diamondback DTNM, LLC, holds a 20-year absolute NNN lease (commencing July 1, 2016, and expiring June 30, 2036), with two 5-year renewal options. The lease includes 2.5% annual rent increases, ensuring consistent NOI growth. The property's strong demographics, including a 5-mile trade area population exceeding 34,800 residents and 12,400 employees, with an average household income of $71,908, further enhance its investment appeal. The current NOI is $125,835, resulting in a 6.65% cap rate. The property is zoned C-3 Business and has an APN of 01N4055095065274. This is a management-free investment opportunity with significant upside potential. The drive-thru feature adds to the property's operational efficiency and customer convenience. The established Del Taco brand, combined with the long-term lease and built-in rent increases, makes this a compelling investment prospect.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Alamogordo
- County
- Otero
- State
- New Mexico
- Longitude
- -105.96
- Latitude
- 32.898
- 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
$3,435
$30,083
$75,405
$105,488
-
$90,250
$226,216
$316,466
