Self-Storage Facility with
For Sale
$1,875,000
1525 Pacheco Street, Santa Fe, NM 87505
Income-producing property combines storage units, leased warehouse space, offices, and a renovated apartment behind gated access.
Property Size12,746 SF
Price / SF$147.10
Days on Market37
Property Features for 1525 Pacheco Street
General Information
Standard status
Active
Size
12,746 SF
Property subtype
Commercial
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Self-Storage Units
120
Amenities
video surveillance
security patrols
Building Details
Year Built
1982
Listing Agency:
Barker Realty, LLC
Listed By:
Cozette Hansen · License #8348
(505) 399-0538
Source:
Lisaharris-realestate
Added: Sep 4
Changed: Oct 4
Last Checked: Oct 9 at 4:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Barker Realty, LLC
Investment Insights
Based on property information with market context.
This self-storage and commercial property includes a diversified mix of operating components. The storage inventory consists of 29 10' x 10' units, 4 10' x 20' units, 8 15' x 10' units, 53 5' x 10' units, and 26 5' x 5' units. Three warehouse units are fully leased and feature bay roll-up doors, in-suite restrooms, 220-amp service, and a 4,000-square-foot fenced yard serving one unit. The property also includes leased office space, a dedicated storage management office, and a newly renovated one-bedroom apartment.
Located at 1525 Pacheco in Santa Fe, the property has access to major thoroughfares in the Midtown commercial district. Improvements include gated entry, perimeter fencing, exterior lighting, full video surveillance, and daytime security patrols. Built in 1982, the site brings storage, warehouse, office, and residential components together in one commercial property.
Located at 1525 Pacheco in Santa Fe, the property has access to major thoroughfares in the Midtown commercial district. Improvements include gated entry, perimeter fencing, exterior lighting, full video surveillance, and daytime security patrols. Built in 1982, the site brings storage, warehouse, office, and residential components together in one commercial property.
Key Highlights
- Self‑storage mix includes 29 10' x 10', 4 10' x 20', 8 15' x 10', 53 5' x 10', and 26 5' x 5' units
- Three fully leased warehouse units with bay roll‑up doors and in‑suite restrooms
- One warehouse unit includes a 4,000‑square‑foot fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$118,600
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,372,000
$2.4M
Cap Rate 7%
$1,694,286
$1.7M
Cap Rate 9%
$1,317,778
$1.3M
Market Conditions
NOI Build-Up for 12,746 SF
Gross rent
$206.5K $16.20/SF
− Vacancy
−$16.7K −$1.31/SF
EGI
$189.8K $14.89/SF
− OpEx
−$71.2K −$5.58/SF
NOI
$118.6K $9.30/SF
Area
Santa Fe County, NM
Vacancy
8.10%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,372,000
Cap Rate 7%
$1,694,286
Cap Rate 9%
$1,317,778
Alternative Uses
Best Use
Mixed Use
$1.69M
$1.48M – $1.98M
NOI $118,600 @ 7.0% cap · market cap 6.33%
Second Best
Self Storage
$1.55M
$1.35M – $1.81M
NOI $108,351 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$3.46M
$3.03M – $4.04M
NOI $242,276 @ 7.0% cap · market cap 12.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,615
Businesses Nearby
Explore this area
Business Placement
Demographics for 87505, NM
32,078
Population
18,733
Households
1.7
Avg Household Size
52
Median Age
54%
College-Educated
94%
High-School Grad
65.1 sq mi
ZIP Area
493
Density / Sq Mi
$75,912
Median Household Income
$41,169
Median Earnings
$1,348
Median Rent
$484,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Self storage facility - Income-producing property combines storage units, leased warehouse space, offices, and a renovated apartment behind gated access.
Where is this self storage facility located?
The property is located at 1525 Pacheco Street Santa Fe, NM.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: Self‑storage mix includes 29 10' x 10', 4 10' x 20', 8 15' x 10', 53 5' x 10', and 26 5' x 5' units; Three fully leased warehouse units with bay roll‑up doors and in‑suite restrooms; One warehouse unit includes a 4,000‑square‑foot fenced yard
