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$ 1,250,000
Est. payment | /mo
20 Acres Lot
$ 1,250,000
Est. payment | /mo
20 Acres Lot
Key Details
Property Type Vacant Land
Sub Type UNDEVELOPED LAND
Listing Status Active
Purchase Type For Sale
MLS Listing ID 173379
Lot Size 20.000 Acres
Property Sub-Type UNDEVELOPED LAND
Property Description
This 20-acre vacant property is located on the north side of 27th Street, centrally-located in the middle of the north half of Alamogordo. The White Sands Mall, an aggressively operated shopping Mal with six restaurants and a variety of popular national retailers, including Ross, Marshal's, Melrose Fashions, Hobby Lobby and Harbor Freight, is less than one half mile from this property. In the same area are Lowes Home Improvement Center and Home Depot. Alamogordo's active residential market is consuming available housing. At the same time, military and civilian personnel working at Holloman Air Force Base personnel are in need of housing, particularly apartments. Areas available for residential subdivisions are on the perimeter of the city – distant from shopping and restaurants. This convenient location is ready for your civil engineer to develop, to create a new mobile home park, multi-family project or a residential neighborhood for Alamogordo. Residents look for convenience. This location has it. All of this property was in Flood Zone AH, prior to the installation of the native soil removed by construction of the adjoining City retention basin. The east half of this twenty acre property received approximately 40,000 cubic yards, providing 30 inches of clean (no debris), uncontrolled fill, over that ten acres. With engineered compaction, that on-site material should be adequate to raise all building pads on the entire 20 acre property above the base flood elevation, saving substantial development costs. Please consult your engineer for precise calculations.
Location
State NM
Area 13 24Th/Lawrence
Zoning Single Fam Dwelling District
Listed by Westsource Corp., LLC
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