www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32679089
32679090

3149 New Mexico 47, Los Lunas, NM 87031

TH
NM NM 14751
Team Southwest, Inc.
MN
CO 100095405
Allen Realty
BA
CO EI1186445
Allen Realty
Listed by Team Southwest, Inc., Allen Realty
$3,000,000
20 days on market
Updated 20 days ago

Valencia Storage and MHP

Details
Property Type Self Storage, Mobile Home Park
Square Footage 25,973
Units 198
Cap Rate 7.09%
NOI $212,600
Occupancy 68%
Tenancy Multi
Price per SqFt $116
Year Renovated 2024
Stories 1
Acreage 7.580
Zoning commercial
Investment Type Value Add

Self Storage | 7.09% CAP | 198 Units

Marketing description

Valencia Storage & MHP is a well-maintained mixed-use asset located along Highway 47 in Los Lunas, positioned between Los Lunas and Tome. The property is poised to benefit from the Rio Grande river crossing currently under construction, approximately one mile north, enhancing future access and growth.

The site includes 198 self-storage units ranging from 5'x8' to 20'x50', two open parking spaces, and 17 large mobile home lots. The mobile home lots are fully occupied, while the storage component is approximately 68% occupied, offering lease-up potential.

The property is fully fenced with controlled access, multiple security cameras, and an on-site manager. It is served by a private water system that is regularly tested to meet New Mexico health standards.

A stable asset with in-place income and clear upside with an aggressive lease up program in a growing corridor.

Los Lunas is a friendly, pro-development community located 20 minutes from downtown Albuquerque, 15 minutes from the International Sunport and easily accessed off the major I-25 interstate that runs north and south through the state of New Mexico.

Over the past 40 years, Los Lunas has had a population increase of over a thousand percent making us one of the fastest growing communities in New Mexico with 17,000 strong. This is no doubt due to our ease of doing business where not only do we offer competitive incentives but we proudly boast a fast, 2-4-week maximum approval process for commercial and residential plans as well as building permits. Just ask Meta (Facebook), Niagara Bottling, Wall Colmonoy, Fresenius Kidney Manufacturing, Accurate Machine & Tool or any of our other economic-base companies and national retailers. We might look like a small community but with over 2,000 acres of available commercial land across three business parks with direct access to two major interstates, there are big possibilities to be had here.

(Information from Albuquerque Regional Economic Alliance.)

Investment highlights

  • 198 Units (5'x8' to 20'x50')
  • Self-Storage Occupancy: 68%
  • 17 Large Lots
  • Lots Occupancy: 100%
  • Additional Income: 2 open parking spaces
  • Access & Security: Recently updated; Fully fenced (6' steel picket), gated entry (keypad/card), surveillance cameras, on-site manager
  • Exposure: Approx. 9,800 vehicles per day (2024) with strong visibility along Highway 47
  • Growth Upside: Lease-up potential on storage units and proximity to planned river crossing and I-25 access (±1 mile north)
  • Utilities: Private water system, regularly tested to meet NM health standards

Listing Contacts

TH
NM NM 14751
Team Southwest, Inc.
MN
CO 100095405
Allen Realty
BA
CO EI1186445
Allen Realty
Listed by Team Southwest, Inc., Allen Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$212,600.00
$17,716.67/mo

Valuation Metrics

0
DSCR
7.09%
Cap Rate
7.09%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Tim House
License
NM 14751
Brokerage
Team Southwest, Inc.
Brokerage Phone
5059981031
Title
Pres., Qualifying Broker
Brokerage Address
6565 Americas Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591