737 N Scenic DR, Alamogordo, NM 88310

Property Description

This overall property is composed of four separate tracts of land. The deeded lot fronting on Scenic Drive, 507 Scenic Drive aka LOT 4 IN BLOCK 14, (R012789) totals approximately 8,000 square feet. North of this lot is a paved parking lot owned by the adjoining church. The south 7,708 sq feet of this parking lot is encumbered by a parking easement to be used by the business or apartments constructed on 507 Scenic Drive, and the building site west of the parking easement. A copy that parking easement is in the document file of this listing. The building site west of the parking easement (R012848) totals 10,000 square feet and also benefits from a dedicated 20 foot street wide access connecting it to Bonnell Drive. Between this westerly building site and the parking easement is an additional 3,000 square foot tract that can be used in this development, which is encumbered by an alley and utility easement. These four tracts of land total approximately 28,823 square feet. EXCLUDING the parking easement, the three deeded tracts of land total 21,115 square feet. This affordable, versatile property offers the perfect opportunity for either multi-family, retail or business use, provided it qualifies for C-1 Zoning. Nestled in a scenic area with stunning mountain views, this land is ideal for an apartment building site, retail or a professional office/business location. Conveniently located near essential amenities, you'll find Allsups convenience store, Coldwell Banker, Sunset Hills Elementary School, and Forever Smiles Dental Office just a minute away. Other major businesses on Scenic Drive include Christus Hospital, the New Mexico Space Museum, and New Mexico State University. With its unbeatable location and potential, this property presents a great opportunity for both multi-family and commercial development. Don’t miss out on this fantastic chance to economically invest in a high-demand area with endless possibilities! owner/broker