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Property Detail

North White Sands Boulevard
MainStreet Makeover project, slated for completion in Q4 2025, is upgrading downtown .
$235,000

Description

  • MainStreet Makeover project, slated for completion in Q4 2025, is upgrading downtown with art features, pedestrian infrastructure, and more.
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  • Dense retail trade area with 18,000 households contributing to roughly $500 million in annual consumer spending within a 10-mile radius.
  • Retail assets are primed for appreciation as Alamogordo home prices and household incomes are on the rise, fortifying the consumer base.
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  • Near Alamogordo’s best destinations, including Alameda Park Zoo, Alamogordo Recreation Center, and New York Avenue.

Executive Summary

Discover the unique market of Alamogordo, New Mexico, and attain an asset perfectly positioned to benefit from the rising demographics and downtown transformation with this acquisition opportunity presented by Reliance Realty.

1640 N White Sands Boulevard is a 3,612-square-foot freestanding retail building situated on 0.39 acres with direct roadway frontage. It was formerly used as a thrift store, and its open plan allows it to be easily configured to suit any user. White Sands Boulevard is a primary thoroughfare for the town, a necessary conduit to reach downtown, the airport, department stores, and more. Its strategic placement on this road makes it visible to 17,000 vehicles per day on average, more than half of the city’s population.

Alamogordo is a market driven by a number of economic engines. White Sands National Park, Lincoln National Forest, Christus Health, Holloman Air Force Base, and aerospace companies around the base have elevated the town’s affluence and desirability to migrate here. Alamogordo’s residential indicators signal a strengthening consumer base. According to Redfin, Alamogordo home prices were up 15.5% year-over-year as of October 2024. The city’s family-friendly atmosphere, with plenty of recreational amenities and great schools, such as Holloman Middle School, ranked fifth best in New Mexico, is bound to keep it popular. The $1.9 million MainStreet Makeover project is also upgrading downtown’s 800 and 900 blocks of New York Avenue, a traffic-enhancing addition that is only a mile from 1640 N White Sands Boulevard.

1640 N White Sands Blvd

Listing ID : 00804

SKU: 804

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Price History

DateEventPrice
December 11 2024Listed$235,000.00