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    805 N White Sands Blvd Alamogordo, NM 88310
    Property profile & analytics

    805 N White Sands Blvd Alamogordo, NM 88310

    View on Map
    • Super regional malls
    • 40,607 SF
    • 3.06 lot acres
    For Lease
    $22 SF/Yr
    View Listing →
    Prime Retail Space Available For Lease
    $22 SF/Yr
    1,000 SF

    Prime Retail Space Available

    Retail space in a high-visibility Alamogordo location.

    805 N White Sands Blvd, Alamogordo, NM
    View Listing
    Property ID
    US61-0464875
    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.
    Value Estimations
    $1,045,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hibbett Sports / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
    • bealls / Children'S Clothing Store / Fashion Accessories Store
    • J&R Alterations / (Bike/Boat/Book/etc) Store
    • Petsense by Tractor Supply / (Bike/Boat/Book/etc) Store / Pet Store & Service
    • Roberto Molina / Physician

    Property Details for 805 N White Sands Blvd

    Year built
    2008
    Construction
    METAL FRAME
    Lot size
    3.06 lot acres
    Property size
    40,607 SF
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    01N4055094065222
    APU
    01N4055094065222

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,045,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Alamogordo
    County
    Otero
    State
    New Mexico
    Longitude
    -105.961
    Latitude
    32.8984
    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
    $46,963
    $395,308
    $0.00
    $395,308
    -
    $1,185,925
    $3,465,264
    $4,651,189

    Comparable in this City

    • Value Estimation by Request
      268,811 SF

      3199 White Sands Blvd

      REGIONAL SHOPPING CENTER, MALL • 268,811 SF
      3199 White Sands Blvd, Alamogordo, NM 88310-6162
      View Details
    • Value Estimation
      $1,665,000
      56,021 SF

      3195 White Sands Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 56,021 SF
      3195 White Sands Blvd, Alamogordo, NM 88310-6131
      View Details
    • Value Estimation by Request
      7,374 SF

      209 White Sands Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 7,374 SF
      209 White Sands Blvd, Alamogordo, NM 88310-7059
      View Details
    • Value Estimation
      $705,000
      11,470 SF

      900 White Sands Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 11,470 SF
      900 White Sands Blvd, Alamogordo, NM 88310-7241
      View Details
    • Value Estimation by Request
      4,800 SF

      69 Hwy 82us

      WHOLESALE OUTLET, DISCOUNT STORE • 4,800 SF
      69 Hwy 82us, Alamogordo, NM 88310-9778
      View Details
    • Value Estimation
      $535,000
      7,810 SF

      2105 Florida Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 7,810 SF
      2105 Florida Ave, Alamogordo, NM 88310-5518
      View Details

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      98% leased shopping center anchored by Bealls/Burkes.
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      Commercial Building in Alamogordo

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      Income-Producing Commercial Asset For Sale

      Stabilized commercial asset with long-term tenant in place.
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      In-Bay Automatic Car Wash

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      Planet Fitness Anchored Retail Space

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      Planet Fitness Anchored Retail Space

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      Retail Center on Main Street

      Well-established retail center with excellent visibility and ample parking.
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      9,156 SF

      Restaurant Space in High-Traffic Area

      Restaurant space available near hotels and national retailers.
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    • Contact for pricing
      1,000 SF

      Prime Retail Space Available

      Retail space in a high-visibility Alamogordo location.
      805 N White Sands Blvd, Alamogordo, NM 88310
      View Details
    • $15 SF/Yr
      8,320 SF

      Freestanding Retail Building on US-70

      8,320 SF retail building with high visibility on US-70.
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      View Details

    Property Visit Statistics

    • Visits by month
      4.0k
    • Visitors by month
      3.3k
    • Avg Time on site
      16 min
    View Listing
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    Alamogordo, NM 88310
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    805 N White Sands Blvd, Alamogordo, NM, 88310
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