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    2401 Wyoming Blvd NE Albuquerque, NM 87123

    For Sale
    $1,000,000

    Established auto mechanic shop with real estate, business, and equipment.

    Lot size:
    0.38 Acres

    Property Features for 2401 Wyoming Blvd NE

    General Information

    Lot size
    0.38 Acres

    Source: Coldwell Banker Commercial - Las Colinas Agent Carrie Mellenbruch

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Auto Mechanic Shop For Sale

    This property, home to Lee's Auto since 1958, is located one block north of Menaul on Wyoming in the North East Heights area. The sale includes the real estate, business, and equipment. The property features five certified lifts and five roll-up doors, four of which measure 10'x10' and one measuring 12'x10'. A fenced yard and covered parking are included. Morgan sheds will remain on the property. The complex includes an interior office space and restroom. The crawl space is load bearing. The TPO roofing was installed approximately 5-7 years ago, and the building has newer electrical wiring throughout.
    Insight Report Location Intelligence

    Current Use by Public Records

    Lee's Automotive Service Auto Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    M and O performance, Outlawz Customs, Mundo Mechanic & Handyman Services, Bentley Window Tint, Rg Auto

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.5512622
    Latitude
    35.1112714

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    FAQs

    What type of property is this?
    Auto shop - Established auto mechanic shop with real estate, business, and equipment.
    Where is this auto shop located?
    The property is located at 2401 Wyoming Blvd NE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Includes Real Estate, Business (Lee's Auto since 1958), and Equipment; - Five certified lifts with five roll-up doors (4 at 10'x10', 1 at 12'x10'); - Newer electrical wiring throughout the building
    (505) 720-4411
    Request Owner's contact information
    2401 Wyoming Blvd NE Albuquerque, NM 87123
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    Albuquerque, NM 87123
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2401 Wyoming Blvd NE Albuquerque, NM 87123
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