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$1,915,000
171387 MLS
This corner property enjoys top-visibility for south-bound traffic entering Alamogordo from Albuquerque, Ruidoso, Roswell, and Cloudcroft. The traffic safety requirements of the Alamogordo Relief Route limits highway access to the south 300 feet of its frontage on North White Sands Blvd.. A drainage way crosses this property, which will require large culverts. However, that existing drainage way is a benefit when engineering drainage for the overall property. Priced at $1,915,000, $3 per square foot, for the overall 14.656 acres (638,415 square feet). Seller will consider a partial sale at a substantially increased price per square foot, and disclosure of the development to be placed on the property, as this will impact the remainder. City water lines cross this property. Sewer line is approximately 900 feet south of its south boundary. Natural gas and electricity are also available to the property. Purchaser may be able to extend Market Place Drive north to this property, subject to approval of the adjoining land Owner. Owner/Broker

3601 N White Sands BLVD, Alamogordo

$95,000
171375 MLS
This is a corner building site on West Tenth Street, facing traffic entering Alamogordo from the signalized Tenth Street intersection with the Alamogordo Relief Route. Walgreens and a variety of other retailers are located just two blocks east, at Tenth Street and White Sands Blvd. Tenth Street is Alamogordo’s primary east-west arterial thoroughfare, leading traffic into Alamogordo from the Relief Route and continuing east all the way through the city. This property has Otero County Property Account number R013078. Water, telephone and electricity are to, or adjacent to the property. City Water line location map is attached. Natural gas is nearby. Sewer is available south or west (both downgrade) from the property and would need to be extended to the property by the landowner. HOWEVER, A concrete septic tank was installed on this property in years past, anticipating development. It has never been put to use. The Septic Tank Permit is attached. Seller will provide current septic tank inspection. Owner/Broker

267 W Tenth ST, Alamogordo

$110,000
171373 MLS
Above La Luz, New Mexico, on the south side of Fresnal Canyon Road, Just before you come to the area where there are a half-dozen homes, is this 20.6 acre tract of land, forming the north-facing slope of the mountain side, and adjacent to US Forrest Service land on its west and south sides. The property is sloped, and will require a skilled bulldozer operator to build a road to the top of the land, but the views from that area are enthralling! Electricity and telephone are installed along Fresnal Canyon Road, which is the lower, north boundary of the property. Homeowner will be responsible for drilling a well, installing septic tank, and, if so-required, installing an LPG tank. Restrictive Covenants and Legal Description are attached. Owner/Broker

Fresnal Canyon Rd, Alamogordo

$110,000
171372 MLS
Indian Trail Subdivision is located immediately south of Bowlin’s Running Indian Curio Shop, on the west side of US HWY 70, just south the signalized intersection of Highways 54/70 with Alamo Street, leading to La Luz and the La Luz Gate Road leading to Holloman AFB. These lots are each approximately 1 acre in size with electricity and natural gas fronting along with boundary with HWY 70. The Purchaser will install a well and septic tank at Purchaser’s expense. Bowlin's Running Indian Curio shop has been at its location, adjacent and immediately north of these lots since 1955. It is a landmark in the area and will provide continuous benefit in attracting business to whatever is placed on these lots. Lot 1 is adjacent and to the south of Bowlin's Running Indian, and Lot 2 is south of Lot 1. Both lots share a single New Mexico Department of Transportation (NMDOT) Permitted Driveway (see documents). Lot 1 R027120- 1.017 acres with 109.52 feet of frontage on HWY 70- $60,000 Lot 2 R033651– 1.00 acres with 152.39 feet of frontage on HWY 70 - $50,000 See Plat Map and Restrictive Covenants included under documents section. These lots are each approximately 1 acre in size with electricity and natural gas fronting along the HWY 70 boundary. The Purchaser will install a well and septic tank at Purchaser’s expense. Owner/Broker

7148 N US Hwy 54/70 Unit 7152 US HWY 54/70, Alamogordo

$950,000
171301 MLS
This approximately 154 acre tract of land is well laid out for development into a residential subdivision of small lots-1 to 2 acres, which each home owner drilling their own well and installing their own septic tank. It has been decades since a small lot subdivision has provided rural homesites in the Alamogordo/La Luz area. To maximize sales for the developer, the developer would offer seller financing. To increase interest income, the developer could install wells and septic tanks before they are sold, offering an opportunity to profit on their installation as well. One large drainage way passed through the property and would need to be crossed using a large culvert. This subdivision could be developed in phases, to lessen the burden on the developer, and allow the profit from one phase to be invested into the development of the next phase. An example of this type of development done well is the first subdivision on the West side of La Luz Road, as you continue North from the subject property. Electricity and Telephone follow La Luz Road, which runs the full length of the North-South dimension of this property, and would be extended to each lot by the developer. A septic tank and well for each lot would be installed by the developer or by the Purchaser, based on the developer's marketing philosophy. Seller is Broker/Owner

120 La Luz RD, Alamogordo