Returning Home from Air Force Base
Returning Home From Air Force Base
Marketing description
FIFTY ACRES ON US HIGHWAY 70 THAT CAN CAPTURE THE VALUABLE TRAFFIC RETURNING HOME EVERY DAY FROM HOLLOMAN AIR FORCE BASE. 701 West Highway 70 is only ¼ mile west of the signalized intersection of US Highway 54 (El Paso, TX and Juarez, MX) and US Highway 70 (Las Cruces, I-10 and I-25). It is on the east-bound “GOING HOME” side of the highway! Plus, a very wide median cut provides ease-of-access to and from the west-bound lanes of Highway 70 for even the largest trucks.
The frontage of this property is zoned C-3 Commercial, allowing multi-family use as well as well as commercial land use; the middle portion is zoned M-1 Light Industrial and the south 25 acres is zoned MH-2 Manufactured Housing (Mobil Home Park). Rezoning to needed land use can be a condition of closing.
Investment highlights
1) On the “return-home” side of Hwy 70 for Holloman Air Force Base traffic.
2) This large property has multiple uses; retail, residential, automobile-dealer complex….the list is limitless with its valuable exposure to Holloman traffic. It is important to remember that the travelers to and from Holloman every weekday have the most spendable money in their pockets!
3) Alamogordo does not have a contemporary mobile home and manufactured home community with all the amenities found in larger cities. This property is large enough to justify such development.
4) This property is near the Highway 54 access to Desert Lakes Golf Course, Alamogordo’s only golf course.
5) A residential subdivision or apartment complex can benefit from its convenience to Holloman Air Force Base, the area’s #1 employer.
6) Twelve miles west of this location is White Sands National Park, one of the most popular tourist attractions in the Southwest. in 2023, 729,000 people visited this National Park, significantly more than any other National Park in New Mexico. Capitalizing on that popularity, this 50 acres would be a well-placed RV Park. All current RV parks in Alamogordo are quite old and/or minimally equipped.
7) This property adjoins 80 acres of land owned by the City of Alamogordo, which includes a sports park with 8 baseball diamonds.
Owner will entertain a long term unsubordinated ground lease.
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