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Investment Highlights

  • 6,138 SF Freestanding Commercial Building on ±0.71 acres across two parcels in Alamogordo, NM.
  • Extensively Renovated in 2022 with major upgrades to electrical systems, HVAC, security infrastructure, and interior build-out.
  • Optional Turnkey Cannabis Operation Available – existing dispensary business and Type 3 license available separately.
  • Flexible C-3 Commercial Zoning allowing medical office, daycare, retail, professional services, and other commercial uses.
  • Additional 0.28-Acre Parcel Included across the street providing expanded parking or future development potential.
  • Strong Local Demographics with 26,000+ residents within 3 miles and over $300M in annual consumer spending.

Executive Summary

Graystone Capital Advisors, in association with Bang Realty–New Mexico, Inc., is pleased to present the opportunity to acquire 2010 & 2013 Pecan Drive, a highly functional 6,138 SF freestanding commercial building situated on approximately 0.71 acres across two parcels in Alamogordo, New Mexico.
The property offers a versatile layout suitable for medical office, daycare, professional office, retail, or service-oriented users and features strong street frontage, ample onsite parking, and flexible C-3 Commercial zoning allowing a broad range of commercial uses.
Originally built in 1989 and extensively renovated in 2022, the building includes major upgrades to electrical systems, HVAC, security infrastructure, and interior improvements—creating a turnkey environment for owner-users or investors seeking a well-improved facility.
The offering also includes a separate 0.28-acre parcel across the street, currently utilized for additional parking but offering future flexibility for operational support, outdoor programming space, or potential development.
The property is currently occupied by S & H Green Life, an operating cannabis dispensary and cultivation business. The business and associated Type 3 cannabis license may be purchased separately, providing optional upside for buyers interested in acquiring both the real estate and an operating enterprise.
Strategically located within Alamogordo’s primary commercial corridors near Indian Wells Road, the asset benefits from a stable local economy driven by defense, healthcare, education, and tourism, including proximity to Holloman Air Force Base and White Sands National Park.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,138 SF
Building Class
B
Year Built/Renovated
1989/2022
Price
$1,356,125 CAD
Price Per SF
$220.94 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.20
Lot Size
0.71 AC
Zoning
Commercial C-3 - Community Commercial

Property Taxes

Property Taxes

Parcel Number
R018042
Land Assessment
$33,483 CAD
Improvements Assessment
$215,120 CAD
Total Assessment
$248,603 CAD
  • Listing ID: 37422759

  • Date on Market: 2025-08-26

  • Last Updated:

  • Address: 2010 Pecan Dr, Alamogordo, NM 88310

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