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Executive Summary

Very affordable land in the middle of town. 440 acre-feet of water rights convey with the land.

Property Facts

Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Ground Lease (Leasehold)
  • Ground Lease (Leased Fee)
  • Bulk/Portfolio Sale
  • Lease Option
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Auto Dealership
  • Baseball Field
  • Carwash
  • Casino
  • Tienda de conveniencia
  • Distribution
  • Garden Centre
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Hospital
  • Hotel
  • Industrial Live or Work Unit
  • Industrial Park
  • Lumberyard
  • Master Planned Community
  • Medical
  • Motel
  • Neighbourhood Centre
  • Outlet Centre
  • Planned Unit Development
  • Police or Fire Station
  • Power Centre
  • Public Park
  • Research and Development
  • Racetrack
  • Railroad Yard
  • Refrigeration or Cold Storage
  • Regional Mall
  • Rehabilitation Centre
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Schools
  • Self Storage
  • Service Station
  • Single Family Development
  • Specialty, Festival or Entertainment
  • Strip Centre
  • Supermarket
  • Trailer or Camper Park
  • Truck Stop
  • Truck Terminal
  • Utility Substation
  • Warehouse
  • Water Retention Facility
  • Water Treatment Facility
  • Amusement Park
Total Lot Size 190.00 AC
Cross Streets Charlie T. Lee Relief Route
Zoning Industrial (M2)/No Zoning - A portion of the property is outside of the city limits and the rest is zoned M2, the most intensive use.

1 Lot Available

Lot

Lot Size 190.00 AC

Three corners (the forth corner will be a new electric substation) on the relief route. Flat and perfect for energy (BESS/DATA/ETC) development.

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
  • Listing ID: 40286050

  • Date on Market: 2026-04-24

  • Last Updated:

  • Address: 1st St, Alamogordo, NM 88310

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