1640 N White Sands Blvd
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1640 N White Sands Blvd
3,612 SF Retail Building Alamogordo, NM 88310 $332,527 CAD ($92 CAD/SF)
Investment Highlights
- 1640 White Sands Boulevard is a 3,612-square-foot retail building on 0.39 acres boasting a prominent presence on Alamogordo’s main road.
- MainStreet Makeover project, slated for completion in Q4 2025, is upgrading downtown with art features, pedestrian infrastructure, and more.
- Dense retail trade area with 18,000 households contributing to roughly $500 million in annual consumer spending within a 10-mile radius.
- Retail assets are primed for appreciation as Alamogordo home prices and household incomes are on the rise, fortifying the consumer base.
- Near Alamogordo’s best destinations, including Alameda Park Zoo, Alamogordo Recreation Center, and New York Avenue.
Executive Summary
Discover the unique market of Alamogordo, New Mexico, and attain an asset perfectly positioned to benefit from the rising demographics and downtown transformation with this acquisition opportunity presented by Reliance Realty.
1640 N White Sands Boulevard is a 3,612-square-foot freestanding retail building situated on 0.39 acres with direct roadway frontage. It was formerly used as a thrift store, and its open plan allows it to be easily configured to suit any user. White Sands Boulevard is a primary thoroughfare for the town, a necessary conduit to reach downtown, the airport, department stores, and more. Its strategic placement on this road makes it visible to 17,000 vehicles per day on average, more than half of the city’s population.
Alamogordo is a market driven by a number of economic engines. White Sands National Park, Lincoln National Forest, Christus Health, Holloman Air Force Base, and aerospace companies around the base have elevated the town’s affluence and desirability to migrate here. Alamogordo’s residential indicators signal a strengthening consumer base. According to Redfin, Alamogordo home prices were up 15.5% year-over-year as of October 2024. The city’s family-friendly atmosphere, with plenty of recreational amenities and great schools, such as Holloman Middle School, ranked fifth best in New Mexico, is bound to keep it popular. The $1.9 million MainStreet Makeover project is also upgrading downtown’s 800 and 900 blocks of New York Avenue, a traffic-enhancing addition that is only a mile from 1640 N White Sands Boulevard.
1640 N White Sands Boulevard is a 3,612-square-foot freestanding retail building situated on 0.39 acres with direct roadway frontage. It was formerly used as a thrift store, and its open plan allows it to be easily configured to suit any user. White Sands Boulevard is a primary thoroughfare for the town, a necessary conduit to reach downtown, the airport, department stores, and more. Its strategic placement on this road makes it visible to 17,000 vehicles per day on average, more than half of the city’s population.
Alamogordo is a market driven by a number of economic engines. White Sands National Park, Lincoln National Forest, Christus Health, Holloman Air Force Base, and aerospace companies around the base have elevated the town’s affluence and desirability to migrate here. Alamogordo’s residential indicators signal a strengthening consumer base. According to Redfin, Alamogordo home prices were up 15.5% year-over-year as of October 2024. The city’s family-friendly atmosphere, with plenty of recreational amenities and great schools, such as Holloman Middle School, ranked fifth best in New Mexico, is bound to keep it popular. The $1.9 million MainStreet Makeover project is also upgrading downtown’s 800 and 900 blocks of New York Avenue, a traffic-enhancing addition that is only a mile from 1640 N White Sands Boulevard.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,612 SF
Year Built
1973
Price
$332,527 CAD
Price Per SF
$92 CAD
Building Height
1 Story
Building FAR
0.21
Land Acres
0.39 AC
Zoning
C3
Parking
20 Spaces (5.54 Spaces per 1,000 SF Leased)
Frontage
67 ft on North White Sands Bouleva
Amenities
- Signage
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
5,546
26,654
34,256
47,295
2029 Population
5,731
27,299
35,162
48,516
2024-2029 Projected Population Growth
3.3%
2.4%
2.6%
2.6%
Median Age
40.2
39.4
39.4
37.5
College Degree + Higher
15%
24%
24%
15%
Daytime Employees
3,505
12,191
13,272
15,546
Total Businesses
546
1,593
1,757
2,213
Average Household Income
$55,225
$65,963
$67,685
$68,453
Median Household Income
$42,857
$53,249
$54,330
$55,061
Total Consumer Spending
$60M
$312.9M
$406.5M
$544.3M
2024 Households
2,512
11,550
14,692
19,451
Average Home Value
$117,694
$171,948
$177,549
$178,930
$ values in USD
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Blake's Lotaburger | - | - | 8 min walk |
| Si Senor Restaurant | American | $$$ | 13 min walk |
| Asian Garden | Asian | $$ | 12 min walk |
Hotels |
|
|---|---|
| Suburban Studios |
58 rooms
2 min drive
|
| Super 8 |
51 rooms
4 min drive
|
| Home2 Suites by Hilton |
90 rooms
6 min drive
|
| Days Inn |
40 rooms
6 min drive
|
| Holiday Inn Express |
80 rooms
8 min drive
|
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Eldar Isakov - Reliance Realty
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1640 N White Sands Blvd
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