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Investment Highlights

  • Exposure in a high-traffic commercial corridor

Executive Summary

Positioned adjacent to Allsup’s Fuel & Convenience Store between Alamogordo and Holloman Air Force Base, this property offers exceptional exposure in a high-traffic commercial corridor. Conveniently located just off Highway 70—the primary route serving Holloman Air Force Base, White Sands National Park, and White Sands Missile Range—and approximately ½ mile from the intersection of Highways 54 and 70, capturing additional traffic flow from El Paso. With excellent highway visibility and easy access, the property is well-suited for a variety of business uses. Its close proximity to Holloman Air Force Base also presents strong potential for a Hotel lot, Restaurant or multifamily/apartment development. Additional nearby lots are available for expanded opportunities. Infrastructure is in place with water lines surrounding the property and a sewer tap already installed.

Property Facts

Price $365,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Hotel
  • Restaurant
Total Lot Size 2.57 AC
Cross Streets N. Walker
Zoning C-3 - Commercial

1 Lot Available

Lot 4

Price $365,000
Price Per AC $142,300.19
Lot Size 2.57 AC
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
R018485
Land Assessment
$55,866
Improvements Assessment
$0
Total Assessment
$55,866
  • Listing ID: 40419381

  • Date on Market: 5/6/2026

  • Last Updated:

  • Address: Lot 4 Gray St., Alamogordo, NM 88310

Contact the Sale Advisor

Lot 4 Gray St. - Commercial Lot off of HWY 70 West

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