LuxeLocker Self Storage
For Sale
$190,000
6123 N 55th Avenue A18, Glendale, AZ 85301
Oversized storage unit with powered access, surveillance, a dump station, and wash bay access.
Property Size825 SF
Price / SF$230.30
Days on Market68
Property Features for 6123 N 55th Avenue A18
General Information
Standard status
Active
Size
825 SF
Amenities
powered doors
24/7 surveillance
on-site dump station
wash bay
Building Details
Year Built
2024
Listing Agency:
eXp Realty
Listed By:
Kody Weitzel · License #SA703183000
(602) 620-2749
Source:
Houzaz
Added: Aug 22
Changed: Oct 25
Last Checked: Oct 7 at 5:42PM
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 eXp Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This LuxeLocker self-storage unit measures 15' x 55' and was built in 2024. The expansive interior accommodates recreational vehicles, boats, vehicles, business equipment, and general storage needs. Powered doors support convenient access, while 24/7 surveillance serves the facility's security infrastructure.
The unit is identified as A18 at 6123 N 55th Ave in Glendale, Arizona. Shared on-site amenities include a dump station and wash bay, adding practical support for vehicle and recreational equipment storage.
The unit is identified as A18 at 6123 N 55th Ave in Glendale, Arizona. Shared on-site amenities include a dump station and wash bay, adding practical support for vehicle and recreational equipment storage.
Key Highlights
- 15' x 55' storage unit
- Built in 2024
- Powered doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,885
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$157,700
$157.7K
Cap Rate 7%
$112,643
$112.6K
Cap Rate 9%
$87,611
$87.6K
Market Conditions
NOI Build-Up for 825 SF
Gross rent
$10.5K $12.72/SF
− Vacancy
−$1.2K −$1.48/SF
EGI
$9.3K $11.24/SF
− OpEx
−$1.4K −$1.69/SF
NOI
$7.9K $9.56/SF
Area
Glendale, AZ
Vacancy
11.60%
Lease Rate
$12.72 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$157,700
Cap Rate 7%
$112,643
Cap Rate 9%
$87,611
Alternative Uses
Best Use
Warehouse
$112.6K
$98.6K – $131.4K
NOI $7,885 @ 7.0% cap · market cap 4.15%
Second Best
Self Storage
$100.7K
$88.1K – $117.5K
NOI $7,051 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$259.1K
$226.8K – $302.3K
NOI $18,140 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
909
Businesses Nearby
Explore this area
Business Placement
Demographics for 85301, AZ
67,380
Population
24,019
Households
2.8
Avg Household Size
30
Median Age
11%
College-Educated
71%
High-School Grad
9.3 sq mi
ZIP Area
7,245
Density / Sq Mi
$47,422
Median Household Income
$33,727
Median Earnings
$1,189
Median Rent
$218,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Self storage facility - Oversized storage unit with powered access, surveillance, a dump station, and wash bay access.
Where is this self storage facility located?
The property is located at 6123 N 55th Avenue A18 Glendale, AZ.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: 15' x 55' storage unit; Built in 2024; Powered doors
