400 Mercury AVE, Alamogordo, NM 88310

$200,000

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Property Description

FULL COMMERCIAL ACRE, ONE-HALF BLOCK FROM WHITE SANDS BLVD - US HWY 54/70 located at 400 Mercury Drive, Alamogordo, NM, on the south side of Mercury Drive, just east of White Sands Blvd. Building site of 1.03 acres, 118 front feet x 350 feet deep. Only one-half block off White Sands Blvd (US Highway 54/70) at the Holloman Air Force Base and White Sands National Park entrance side of Alamogordo. This location, which will support 22 apartment units, would be very convenient for its occupants since it is within walking distance to Starbucks and 16 national restaurants. No other apartments in Alamogordo are that convenient to restaurants, providing an investor with a higher occupancy rate than Alamogordo averages. Signage on this property would be visible on the US Hwy 54/70 overpass, entering Alamogordo. The site configuration, narrow and deep, requires a land use that is adaptable to such property shape, such as self-storage units, apartments, auto repair garage. Owner/Broker

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Listing courtesy of 113.