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$ 435,000
Est. payment | /mo
5,000 SqFt
$ 435,000
Est. payment | /mo
5,000 SqFt
Key Details
Property Type Commercial
Sub Type COMMERCIAL/OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $87
MLS Listing ID 167985
Year Built 1950
Lot Size 1.000 Acres
Property Sub-Type COMMERCIAL/OTHER
Property Description
Facing the on-coming traffic, with ease of access from White Sands Blvd and from 16th St., this one acre property forms the northeast corner of the intersection of 16th Street and North White Sands Boulevard (US Highway 54/70). It has 160.14 feet of frontage on White Sands Boulevard and 272 feet of frontage on 16th Street. Sixteenth St. is the primary access to the neighborhood east of this property, extending from Tenth Street to Indian Wells Blvd. Sixteenth Street extends east for a mile to Washington Public Park. The attached aerial photo of this property shows that there are thousands of homes within the three mile semi-circle to the east. White Sands Boulevard is Alamogordo's primary arterial thoroughfare which funnels traffic from Las Cruces (I-25), El Paso/Juarez Mexico (I-10), White Sands Missile Range and Holloman Air Force Base, north to I-40, Albuquerque, Santa Fe, Ruidoso and Amarillo. Semi-truck traffic has recognized that U.S. 54 is a shortcut from I-40 to the El Paso/Juarez Mexico market. As a result, the New Mexico Department of Transportation is expending significant funds widening Highway 54 to better handle this increased traffic. The east half of this property at 16th and White Sands is currently occupied by a 2500 sf metal building and a small garage, both needing to be demolished before construction. The West (highway frontage) half of the acre is vacant, a former gas station having been recently demolished. Underground fuel tanks were removed prior to 2010. The New Mexico Petroleum Storage Tank Bureau has issued a "Hold Harmless" letter for the purchaser of this property.
Location
State NM
Area 09 Lovers Lane
Zoning COMMERCIAL
Listed by Westsource Corp., LLC
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