Tenth Street at the Relief Route - Main & Main
Hospitality
Marketing description
Tenth Street is Alamogordo’s central east-west thoroughfare and runs from the base of the Sacramento Mountains, west, thorough the City, through Downtown Alamogordo, and continues west to the Charlie T. Lee Relief Route. The Relief Route merges US Highway 54, 70 & 82, directing traffic around Alamogordo, that chooses that option rather than passing through Alamogordo's business district using White Sands Boulevard.
The NW corner of this intersection is a 6.125 acre, 266,800 sq ft tract of land which is available for development. It is located within the Alamogordo city limits and is served by a City water main running along its east boundary. Electricity is in McDonald Road, as is natural gas. Municipal sewer service is located on the east - opposite - side of the Relief Route and will require a lift station and connector main to be installed under the highway.
This corner location is truly “Main at Main,” an ideal location for a retail strip center, hotel, motel, national restaurant and other complimentary uses. Currently, there are no restaurants on the Relief Route and only one motel, newly constructed at the north edge of Alamogordo. This location would place a motel closer to Alamogordo's Historic Downtown business district and Holloman Air Force Base, Alamogordo’s #1 employer. It would also be ideal for businesses serving long haul trucking.
The Relief Route is designated by the New Mexico Department of Transportation as an access-restricted highway; thus, direct access is restrictive. Access to this property is by McDonald Road, with traffic proceeding west on Tenth Street, through the signalized intersection, and turning north onto McDonald Road.
6.125 acres, 266,800/sq ft, priced at $750,000, $2.85/sq ft.
This property has Otero County Assessor ID No. 018642
Investment highlights
This location, TENTH STREET AT THE ALAMOGORDO RELIEF ROUTE, is an outstanding location for businesses catering to the traveling public or serving long-haul trucking. This intersection is signalized, making ingress and egress to and from the Relief Route easy and safe. In addition, visibility of businesses constructed on the property is unobstructable. The overall size of this property, over six acres, is adequate for hotel, restaurant, and other uses, which will allow the cost of sewer service to be shared by multiple projects.
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