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Storage Units with Income Potential
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158 New School Road, Truth or Consequences, NM 87935

Storage units with income potential in a desirable location.

Property SizeContact for details
Days on Market772

Property Features for 158 New School Road

General Information

Standard status Active
Property subtype Self Storage, Industrial
Zoning NZ

Building Details

Year Built 1980
Listing Agency: Dm And Bm Realty Inc
Listed By: David Meyer
Source: Crexi
Added: Jul 19, 2024 Changed: Aug 28 Last Checked: Aug 28 at 5:50PM

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 Dm And Bm Realty Inc

Investment Insights

Based on property information with market context.

This property features storage units with a current monthly income of $2,800, offering potential for increased revenue. The property is situated in a desirable location and includes space suitable for RV storage. The seller is in the process of completing fencing and gate installations. There are 15 units measuring 10x20, currently rented for $135 per month, and 9 units measuring 5x10, rented for $85 per month.

Key Highlights

  • Income‑generating property with $2,800 monthly income
  • Potential for increased income
  • Features 15 (10x20) units and 9 (5x10) units

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Hair Salon Building Supply Big Box & Wholesale Store Grocery & Convenience Store Locksmith Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby

Demographics for 87935, NM

1,817
Population
1,938
Households
0.9
Avg Household Size
64
Median Age
16%
College-Educated
96%
High-School Grad
38.4 sq mi
ZIP Area
47
Density / Sq Mi
$44,891
Median Household Income
$27,475
Median Earnings
$1,152
Median Rent
$180,800
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Storage units with income potential in a desirable location.
Where is this self storage facility located?
The property is located at 158 New School Road Truth or Consequences, NM.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Income‑generating property with $2,800 monthly income; Potential for increased income; Features 15 (10x20) units and 9 (5x10) units
More about this property
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