$1,500,000 USD
602-975-0820
4801 Central Ave NW
Albuquerque, NM 87105
Crestview Bluff
HIGHLIGHTS
- Located Directly Off Route 66/ Central Ave – This road sees more than 28K VPD providing great visibility to renters traveling from the east to west.
- Physical Occupancy of Less Than 50% – This facility underwent a major renovation in late 2024 that kicked all tenants out of the property.
- Mom and Pop Owner – This facility is the only self-storage property this owner has owned. There is little to no advertising done currently
- Desirable Demographics – There are 43,813 people in a 2-mile radius and over 225,485 people in a 5-mile radius.
- Opportunity to Purchase Below Replacement Cost – With excess land for future expansion and/ or additional revenue through small business rentals.
- Demising Interior of Units – The walls of most self-storage units are corrugated steel/ wood, so the unit sizes can be adjusted by removing them
FOR SALE DETAILS
PRICE
$1,500,000 USD
PRICE/SF
$44 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Zia Storage
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.41 AC
LAND SF
61,420 SF
ZONING
C-1
APN/PARCEL ID
1-012-057-006430-2-08-05
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602-975-0820
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602-975-0820
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