Self Storage Investment
19 MEADOWLAKE RD, Los Lunas, NM 87031
Highly occupied self-storage facility with expansion potential and strong cash flow.
Type:Self Storage
Property size:
9,900 SFPrice / SF:
$105/SF- Added:
- May 19, 2026
- Days on Market:
- 10
- Last Refresh:
- May 20 at 5:01 am
Property Features for 19 MEADOWLAKE RD
General Information
- Standard status
- Active
- Size
- 9,900 SF
- Property subtype
- Self Storage
Building Details
- Year Built
- 2004
Listing agent Scott Reid License #IL - 478027307
Listing office ParaSell Inc
Listing date May 19, 2026
Source Crexi
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 ParaSell Inc
HighLights
- Strong existing cash flow with historically strong occupancy and recurring monthly revenue.
- Expansion potential with excess land area for additional storage units and/or RV/outdoor parking.
- Stabilized operations with low management intensity due to facility design and automation systems.
- Business and real estate included in the sale.
- Future NOI growth potential through strategic rent increases.
- Approx. 9,900 rentable square feet across 78 storage units plus outdoor parking.
Overview
This self-storage investment opportunity includes both the business and real estate. The property features approximately 9,900 rentable square feet across 78 storage units, along with outdoor parking. Situated on a large parcel, the property has excess land area that may support future expansion, pending buyer investigation and approvals. The facility is equipped with automated gate access, remote management capability, a diversified unit mix, drive-up accessibility, perimeter security systems, and online payment functionality. The property design and automation systems support efficient ownership with limited day-to-day management burden. The facility benefits from low payroll requirements and minimal utility expenses, as well as an efficient operational layout. Potential value-add opportunities include additional storage unit development, RV and outdoor parking expansion, increased economic occupancy, improved digital marketing, enhanced automation systems, ancillary income opportunities, and security and camera upgrades. Several unit categories appear below estimated market rental rates, creating upside through strategic rent increases and operational optimization. Historically strong occupancy and recurring monthly revenue create a stable operational foundation.
Financial Insights
Value Estimation Calculated for Self Storage
Conservative
$850.1K
NOI $76,507 @ 9.00% cap · cautious / downside scenario
Moderate
$1.09M
NOI $76,507 @ 7.00% cap · market / base-case scenario
Aggressive
$1.53M
NOI $76,507 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Self Storage
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $118.8k | $12.00 |
| − Vacancy | −$9.5k | −$0.96 |
| EGI | $109.3k | $11.04 |
| − OpEx | −$32.8k | −$3.31 |
| NOI | $76.5k | $7.73 |
9,900 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Use Scenarios
Best Use
Self Storage
$1.09M
$956.3K – $1.28M
NOI $76,507 @ 7.0% cap · market cap 7.29%
Second Best
Industrial
$846.4K
$740.6K – $987.5K
NOI $59,251 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$2.05M
$1.79M – $2.39M
NOI $143,297 @ 7.0% cap · market cap 13.66%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Vast Storage
Storage Facility
Location Insight
- Map
- Local Demand
- City
- Los Lunas
- County
- Valencia
- State
- New Mexico
- Longitude
- -106.6709984
- Latitude
- 34.7986241
Nearby Similar for Sale
FAQs
What type of property is this?
Self storage facility - Highly occupied self-storage facility with expansion potential and strong cash flow.
Where is this self storage facility located?
The property is located at 19 MEADOWLAKE RD Los Lunas, NM.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Strong existing cash flow with historically strong occupancy and recurring monthly revenue.; Expansion potential with excess land area for additional storage units and/or RV/outdoor parking.; Stabilized operations with low management intensity due to facility design and automation systems.
