Prime 17.025-acre commercial/mixed-use opportunity in the growing Alamogordo market. This exceptional parcel offers direct highway frontage for maximum visibility and access, making it ideal for a wide range of development possibilities including retail, service, multifamily, or mixed-use concepts. The property currently generates passive income, providing immediate return while you plan future expansion. With electricity available and easy access already in place, this site is development-ready and well-positioned for long-term value. The land's gently rolling terrain showcases stunning, unobstructed mountain views, creating a unique setting that blends commercial potential with scenic appeal. Strategically located in a high-traffic corridor with strong regional connectivity, this parcel offers both convenience and exposure. Whether you're an investor, developer, or owner-user, this is a rare opportunity to secure a sizable tract with income, infrastructure, & outstanding natural surroundings in Southern NM!