300 Mercury Drive

Potential Uses

Restaurant - Fast Food/Dining/Brewing, Entertainment, Retail - Freestanding, Automotive Services, Hospitality - Hotel/Motel, Offices, Professional Offices, Doctors Office, Medical Services, Church/Worship, School, Government, Self Storage, Office Warehouse

Property Description

Only one-half block off White Sands Blvd (US Highway 54/70) at the Holloman Air Force Base and White Sands National Park entrance side of Alamogordo. This location, which will support 22 apartment units, would be very convenient for its occupants since it is within walking distance to Starbucks and 16 national restaurants. No other apartments in Alamogordo are that convenient to restaurants, providing an investor with a higher occupancy rate than Alamogordo averages. Signage on this property would be visible on the US Hwy 54/70 overpass, entering Alamogordo.

The site configuration, narrow and deep, requires a land use that is adaptable to such property shape, such as self-storage units, apartments, auto repair garage.

Property taxes: $750, Property Account R010225

Find this property on Google Earth at Latitude 32˚52’43.49”N Longitude 105˚57’30.51”W

Property Size

118 feet (average) of frontage on Mercury Drive and 350 feet deep, plus the use of an alley along its east 350 foot depth.

Price

$200,000

Utilities

All utilities are available to this property.

Zoning

C-3 Commercial

Access & Easements

Access by Mercury Drive, one half block east of White Sands Blvd (US Highways 54 and 70), with the added access of a public alley along the east boundary of the property, for its full 350 foot depth.

Flood Zone

Flood Zone X

Neighbors

The Desert Aire Hotel & Suites, Appleby’s Restaurant, Quality Inn, White Sands Motel, The Blue Stone Gem and Gift Shop, Popeyes, Starbucks, Buffalo Wild Wings.

Detriments

Footprint of improvements must be able to conform to the 350 foot depth and 118 foot frontage width of this property.

Significant Benefits

For apartment use, this location is on the Holloman Air Force Base side of Alamogordo, convenient for military and Civil Service personnel. Plus, 16 national restaurants are within convenient walking distance. Tall signage on this property would be visible on the US Hwy 54/70 overpass, as trafic enters Alamogordo.
Very well suited for self storage units or auto repair shop.