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4801 Central Ave NW - Zia Storage 34,352 SF Specialty Building Offered at $1,500,000 in Albuquerque, NM 87105
Investment 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.
- Mom and Pop Owner – This facility is the only self-storage property this owner has owned. There is little to no advertising done currently
- Opportunity to Purchase Below Replacement Cost – With excess land for future expansion and/ or additional revenue through small business rentals.
- Physical Occupancy of Less Than 50% – This facility underwent a major renovation in late 2024 that kicked all tenants out of the property.
- Desirable Demographics – There are 43,813 people in a 2-mile radius and over 225,485 people in a 5-mile radius.
- 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
Executive Summary
Brian Brockman
License # 20241, 9568 (NM)
Bang Realty-New Mexico, Inc.
2939 Vernon Place, Cincinnati, OH 45219
(866) 889-0550
License # 20241, 9568 (NM)
Bang Realty-New Mexico, Inc.
2939 Vernon Place, Cincinnati, OH 45219
(866) 889-0550
Property Facts
| Price | $1,500,000 | Building Class | B |
| Price Per SF | $104.38 | Lot Size | 1.41 AC |
| Sale Type | Investment | Building Size | 14,370 SF |
| Property Type | Specialty | No. Stories | 2 |
| Property Subtype | Self-Storage | Year Built/Renovated | 1984/2024 |
| Zoning | C-1 | ||
| Price | $1,500,000 |
| Price Per SF | $104.38 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 1.41 AC |
| Building Size | 14,370 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2024 |
| Zoning | C-1 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1-012-057-006430-2-08-05 | Improvements Assessment | $157,717 |
| Land Assessment | $52,318 | Total Assessment | $210,035 |
Property Taxes
Parcel Number
1-012-057-006430-2-08-05
Land Assessment
$52,318
Improvements Assessment
$157,717
Total Assessment
$210,035
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