Northwest Albuquerque Car
For Sale
$350,000
1201 Candelaria Rd. NW, Albuquerque, NM 87107
Car wash with service station layout in great location.
Property Size1,628 SF
Price / SF$214.99
Days on Market251
Property Features for 1201 Candelaria Rd. NW
General Information
Standard status
Active
Size
1,628 SF
Property subtype
Retail
Building Details
Year Built
1990
Listing Agency:
SVN/Walt Arnold Commercial Brokerage Inc
(505) 620-2259
Listed By:
Tim Luten · License #NM #2469
(505) 620-2259
Source:
Svn
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Jul 30 at 5:52AM
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 SVN/Walt Arnold Commercial Brokerage Inc
Investment Insights
Based on property information with market context.
Located in northwest Albuquerque, this property features a functional service station layout. The property includes a car wash and a camera security system. It is situated on a hard corner and includes six double-sided pumps. The property is located in the North Valley area.
Key Highlights
- Car wash business opportunity.
- Hard corner location offering excellent visibility.
- Features six (6) double sided pumps.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.1k | $24.00 |
| − Vacancy | −$2.3k | −$1.44 |
| EGI | $36.7k | $22.56 |
| − OpEx | −$9.2k | −$5.64 |
| NOI | $27.5k | $16.92 |
1,628 SF · lease $24.00/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$393.5K
$344.3K – $459.1K
NOI $27,546 @ 7.0% cap · market cap 7.87%
Second Best
Retail
$334.3K
$292.5K – $390.0K
NOI $23,402 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$393.8K
$344.6K – $459.5K
NOI $27,569 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
926
Businesses Nearby
51k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 37%
Wendy's
Dining
11,288 visits/mo
0.4 miles
Speedway
Shops & Services
11,118 visits/mo
0.1 miles
Shell
Shops & Services
8,552 visits/mo
0.3 miles
Blake's LotaBurger
Dining
7,390 visits/mo
0.3 miles
AutoZone
Shops & Services
4,571 visits/mo
0.3 miles
Demographics for 87107, NM
30,340
Population
13,441
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
92%
High-School Grad
14.6 sq mi
ZIP Area
2,078
Density / Sq Mi
$59,663
Median Household Income
$36,392
Median Earnings
$901
Median Rent
$282,000
Median Home Value
Market
Vacancy Rate% for Retail in Albuquerque, NM
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Gas station - Car wash with service station layout in great location.
Where is this gas station located?
The property is located at 1201 Candelaria Rd. NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Car wash business opportunity.; Hard corner location offering excellent visibility.; Features six (6) double sided pumps.
