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2109 Scenic Drive
Alamogordo, NM 88310
Asking Price
$130K
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 1.668 acres <ul><li>Near NMSU–Alamogordo campus</li><li>Proximity to regional hospital and healthcare services</li><li>Accessible via city streets with strong visibility potential</li><li>Growing local population and service demand</li><li>Land Type: Unimproved</li><li>Topography: Assumed developable (subject to survey)</li><li>Flood Zone: Yes (requires due diligence and mitigation planning)</li><li>Utilities Available: Electricity – at property line, Gas – at property line, Water – at property line
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NOI
$80,000
Cap Rate
61.54%
DSCR
10.37
Strong
Cash-on-Cash
185.34%
Monthly Payment
$643.169
Annual Cash Flow
$72,281.971