Tenth Street at the Relief Route - MAIN & MAIN
Potential Uses
Restaurant - Fast Food/Dining/Brewing, Entertainment, Retail - Freestanding, Retail - Convenience Store, Retail - Grocery Store/Supermarket, Retail - Strip Mall/Shopping Center, Automobile Dealership, Automotive Services, Hospitality - Hotel/Motel, Assisted Living - Nursing Home, Bank/Financial Institution, Offices, Professional Offices, Doctors Office, Pharmacy, Medical Services, Church/Worship, School, Government, Office Warehouse, Industrial/Manufacturing/Warehousing, Construction
Property 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 continuing 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 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 side of the Relief Route and will require a connector main to be installed under the highway.
This corner location is truly “Main at Main,” an ideal location for a retail strip center, motel, national restaurant and many similar 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 Holloman Air Force Base, Alamogordo’s #1 employer, and near Alamogordo’s central business district.
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.
Property Size
This corner property totals 6.125 acres - 266,800 square feet
Price
$750,000
Utilities
This six acre tract 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 side of the Relief Route and will require a connector main to be installed under the highway.
Zoning
This corner property is zoned M-2 Industrial, which allows many less-industrial uses. Consult the City of Alamogordo Zoning Regulations.
Access & Easements
The Alamogordo Relief Route is an access-restricted highway. No access will be granted by the NMDOT directly onto the Highway. In addition, the access restriction applies to the east 350 feet of Tenth Street that forms the part of the south boundary of this property that is the closest to the highway. Access to the property is by Tenth Street west of the access-restricted area and by McDonald Drive, which extends the full north-south length of the west boundary of the entire 6.125 acre tract.
Flood Zone
This property is in Flood Zone A.
Detriments
The extension of service to the public sewer will hav e o be installed under the highway, at the developer’s expense.
Significant Benefits
This location, TENTH STREET AT THE ALAMOGORDO RELIEF ROUTE, is an outstanding location for businesses catering to the traveling public. 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.