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10th St - Desirable Commercial Opportunity on Hwy 54

16.85 Acres of Commercial Land Offered at $1,650,000 in Alamogordo, NM 88310

Investment Highlights

  • Owner Financing Available
  • 10% Down | 5% Interest | Amortized 30yrs | Balloon in 5yrs

Executive Summary

Most desirable commercial property in Alamogordo...it's at the intersection of US Highway 54/70 and 10th Street. US 54 is a key interstate truck route connecting Mexico to the Chicago area, and US 70 is a major east-west route connecting Arizona with the East Coast. The combined routes also serve the mountain resort of Ruidoso, New Mexico. There is a traffic light at the intersection. The 16-acre property is within the city limits, zoned M-2 Industrial, and contains 80 platted lots.

Property Facts

Price $1,650,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Industrial
Total Lot Size 16.85 AC
Cross Streets Highway 54

1 Lot Available

Lot

Price $1,650,000
Price Per AC $97,923
Lot Size 16.85 AC

Per Alamogordo Zoning Map, property is zoned M-2 Industrial District. The 16 acre +/- property is within city limits and contains 80 platted lots at the intersection of HWY 54/70 Relief Route and 10th Street.

Description

Desirable Commercial Land located on HWY 54/70 Relief Route and 10th Street in Alamogordo, a highly sought after corridor for continued development in the community. Boasting over 16 acres of prime commercial land, ready for development, this property offers excellent visibility to north and south bound traffic along HWY 54/70.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R057092
  • R057093
  • R057095
  • R057097
  • R057100
  • R057101
  • R018641
  • R052755
  • R057094
  • R057099
  • R021639
Land Assessment
$277,433
Improvements Assessment
$0
Total Assessment
$277,433

zoning

Zoning Code Industrial M-2 (Heavy Industrial)
Industrial M-2 (Heavy Industrial)
  • Listing ID: 18631230

  • Date on Market: 2/24/2020

  • Last Updated:

  • Address: 10th St, Alamogordo, NM 88310

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