115 S Florida AVE, Alamogordo, NM 88310

Property Description

FOR SALE | 8,730 SF Multi-Suite Office Building | Owner-User or Value-Add Investment Opportunity This 8,730-square-foot professional office building offers a rare combination of scale, flexibility, and lease-up potential in a market with limited mid-size office inventory. The property is configured into five (5) suites and features approximately 20 private offices, four (4) reception areas, three (3) large conference spaces, and shared breakrooms and restrooms, creating an efficient layout ideal for multi-tenant use or a single owner-user seeking room to grow. This property presents a clear value-add opportunity for investors to lease up and stabilize income, or for an owner-user to occupy immediately while offsetting expenses through additional tenant income. Recent updates, including a roof reseal and HVAC improvements, reduce upfront capital concerns, while the existing layout supports a wide range of professional uses such as accounting, legal, medical, financial services, education, or administrative operations. The site sits on approximately 0.70 acres with strong parking availability and additional potential for shared parking access, making it especially attractive for appointment-driven businesses. Its central location provides convenient access across Alamogordo and is supported by a stable economic base driven by Holloman Air Force Base, healthcare providers, and local professional services. Investment Highlights: • Multi-suite configuration ideal for phased lease-up strategy • Strong demand for professional office users in the market • Ability to create multiple income streams or occupy and offset costs • Recent capital improvements already completed • Flexible layout suitable for a variety of professional uses • Centrally located with strong accessibility and parking Whether you’re an investor looking to reposition and stabilize an income-producing asset or an owner-user seeking a scalable headquarters with built-in income potential, this property offers a practical and strategic opportunity in a steady, service-driven market.