Alamogordo, NM Property For Sale and Lease

Commercial Exchange is the #1 source for property listings in Alamogordo, NM

Search Everything

Retail for Lease

Alamogordo, NM 88310

Retail for Sale

Alamogordo, NM 88310

The subject property is a Starbucks Anchored, three-tenant strip center totaling approximately 5,500 square feet, situated on 1.475 AC. It is 100% occupied by Starbucks, Wingstop, and Rocky Mountain

Cannabis.

The property is located off of South White Sands Blvd in Alamogordo, NM. Tenants in the immediate trade area include Walmart Supercenter, Applebee's, Buffalo Wild Wings, Del Taco, Days Inn by Wyndham, Anytime Fitness, DH Lescombes Winery, and a variety of local vendors.

Hospitality for Sale

Alamogordo, NM 88310

The Satellite Inn is an established independently owned turn-key motel offering a combination of single king, double king and multi-bed suites in the Alamogordo central business district. dining and attractions are nearby for traveling guests. Alamogordo is home to Holloman Air Force Base in addition to several governmental entities. The Satellite Inn features stable occupancy and operations in additional to recent room upgrades, pool, vending machines and managers quarters.

Industrial for Sale

Alamogordo, NM 88310

1408 Black St. is a rare 6,741 SF Office/Warehouse building in Alamogordo, NM. This property sits on 1.38 Acres and is comprised of 1,241 SF of office and 5,500 SF of warehouse space. Property includes doc doors and roll up drive in doors. This property has a new 30 kW ground mounted solar system that overproduces and pays the owner. The property has a new roof, and some of the HVAC has been replaced, along with new LED lighting. new stucco, and new automatic gates.

Located in the SW corner of the city of Alamogordo and less than a 5 minutes drive from Holloman Air Force base. The property has ease of access to Highway 70 and Las Cruces, NM with less than a 55 minute drive time

Multi-Family for Sale

Alamogordo, NM 88310

NM Apartment Advisors is excited to bring to market a high cap rate, value add opportunity in Alamogordo, New Mexico. The property is located at 2500 Florida in Alamogordo, NM.

The area economy is driven by the military (Holloman Air Force base, home to the 54th Fighter group and the MQ-9 Reaper/Predator Drones.

This property contains three extraordinarily large units – one three bedroom and two by two bedroom units and a one bedroom. Location is the real key for this property as its walking distance to Alamogordo’s main retail corridor and major mall.

Based on the current average rents of $925 per month, and an ask price of $364,490 the property’s measures of investment performance include a 8.21 GRM, 8.05% cap rate before reserves, before tax IRR of 21.90% and an after-tax IRR of 16.60%. Rents recently increased 15.25% over year end 2021.

If rents were raised to the submarket average of $1,006, the measures of investment performance improve to a 8.961% cap rate, and an outstanding 17.66% cash on cash.

Concerned about finding property management? Do not worry, Alamogordo passes the Home Depot test (the idea being that if a community has a Home Depot is will also have the trades/vendors you need to maintain your property). Local property management is available and if you have an investment presence in Las Cruces – this property is only 68 miles.

17 page flyer and additional information at http://www.nmapartment.com/apt/NMAA-Florida2500Alam.pdf

Recent detailed inspections reports available to qualified investors who complete the online confidentially agreement at www.nmapartment.com/florida25

Do you need a bigger footprint in this market? The same seller also owns 4 more units located at 1218 Michigan – priced at $215,575, a 6.92% cap rate – flyer and additional info at http://www.nmapartment.com/apt/NMAA-Michigan1218Alam.pdf

Needed an even bigger foot print? We also have co-listed a 32 unit property – Quest Real at http://www.nmapartment.com/apt/NMAA-Fillmore1301Alamogordo.pdf at a 6.48% cap rate and $2,339,292 price.f

Do not wait, high(er) cap rate apartment investments in New Mexico are going fast!

Industrial for Lease

Alamogordo, NM 88310

• Mixed-use building for lease (office + warehouse)

• Former Alamogordo Daily News building

• HVAC

• Plentiful parking

• One drive-in door

• Minutes from N. White Sands and Indian Wells

Multi-Family for Sale

Alamogordo, NM 88310

NM Apartment Advisors and Total Solutions Property Management are excited to bring to market a high cap rate, value add opportunity in Alamogordo, New Mexico. The property is located at 1218 Michigan Avenue, in Alamogordo, NM.

The area economy is driven by the military (Holloman air force base, home to the 54th Fighter group and the MQ-9 Reaper/Predator Drones.

This property contains four one bedroom, one bathroom units with carpet or hardwood floors in the units. Location is the real key for this property as its walking distance to Alamogordo’s main retail corridor and the 12 acre Alameda park and zoo.

Based on the current average rents of $658 per month, the property’s measures of investment performance include a 7. 40 GRM, 6.923% cap rate before reserves, before tax IRR of 19.70% and an after-tax IRR of 15.20%.

If rents were raised to the submarket average of $825, the measures of investment performance improve to a 10.30% cap rate, and an outstanding 23.87% cash on cash.

Concerned about finding property management? Do not worry, Alamogordo passes the Home Depot test (the idea being that if a community has a Home Depot is will also have the trades/vendors you need to maintain your property). Local property management is available and if you have an investment presence in Las Cruces – this property is only 68 miles.

14 page flyer and additional information at http://www.nmapartment.com/apt/NMAA-Michigan1218Alam.pdf

Recent detailed inspections reports available to qualified investors who complete the online confidentially agreement at www.nmapartment.com/michigan

Do not wait, high(er) cap rate apartment investments in New Mexico are going fast!

Thanks,

Todd Clarke CCIM CIPs

CEO

NM Apartment Advisors Inc.

(505) 440-TODD

Retail for Sale

Alamogordo, NM 88310

Direct frontage on S. White Sands Blvd.

Excellent visibility in a high traffic corridor

Next to brand new Murphy Oil convenience store Located next to high performing Wal-Mart Super Center

High traffic count - main arterial in Alamogordo Full ingress/egress point off White Sands Blvd. Adjacent tenants include McDonald's, Burger King, Wendy's and more!

Retail for Sale

Alamogordo, NM 88310

Seller will look at all offers. Amazing restaurant opportunity for sale! Lease or owner finance options are also available.

Formerly Peppers Grill, a successful Alamogordo restaurant staple, has untapped potential for the large party and event business. Two unique dining rooms have separate entry ways, creating the opportunity for two restaurants or entertainment spaces to run out of the same kitchen.

With the mall being revitalized across the street and the usual buzz on the fairgrounds, the traffic is consistently flowing to this establishment. Bring your culinary creativity to this unparalleled location! Call today for more information

Retail for Lease

Alamogordo, NM 88310

Restaurant Available in High Traffic Corridor

-New growth in immediate are

-National Area Tenants include: Motel 6, Fairfield Inn, Holiday Inn Express, Hampton Inn, Days Inn, Quality Inn, Chilis, Taco Bell, Applebee's, IHOP, Buffalo Wild Wings, Carl's Jr., Denny's, Del Taco, KFC, Subway, Wendy's, McDonalds, Burger King, Arby's, Verizon, Staples, Oreilly's and Walmart.

Ideal for national restaurant due to number of hotels in immediate area.

Office for Sale

Alamogordo, NM 88310

• Building Size: 3,721 SF

• Warehouse: 1,600 SF

Indian Wells sits just east of the intersection with Stanford

Road, roughly half way between White Sands Blvd to the

west and Scenic Drive to the east. This location includes

0.74 AC of land and commercial improvements of 5,321

SF consisting of a single story "Fine Arts and Craft's building

of 3,721 SF and a warehouse of 1,600 SF with overhead door

for storage.

Commercial Exchange is a national commercial real estate marketplace powered by Catylist.