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    612 E 11Th St Alamogordo, NM 88310

    For Sale
    $197,250

    Car wash with potential for increased profitability.

    Property size:
    1,090 SF
    Lot size:
    5.18 Acres

    Property Features for 612 E 11Th St

    General Information

    Size
    1,090 SF
    Lot size
    5.18 Acres

    Source: KW Riverside | Albuquerque Westside Agent Anne Vallejos

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

    Overview

    In-Bay Automatic Car Wash

    This car wash portfolio features In-Bay Automatic machines. The car wash is equipped with a Hamilton HTK POS system, and customers can be given a code at gas station pumps through a key partnership, with pump sales revenue provided at the end of each month. The car wash operates on a ground lease made possible by a partnership with Lowe’s Market. The operation is streamlined with just one employee, and maintenance and repair work has been efficiently outsourced through a premium package with a leading nationwide service company. Potential for increased profitability under new ownership includes adjusting prices, introducing car wash membership subscriptions, and realizing cost savings through in-house maintenance. This business model has never experienced price increases, presenting a significant upside for the incoming owner. The property has a size of 1090 square feet and is located in Alamogordo, New Mexico. This location can be purchased individually or as a package deal with 3 other locations.
    Location Intelligence

    Current Use by Public Records

    Phillips 66 Gas Station

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Alamogordo
    County
    Otero
    State
    New Mexico
    Longitude
    -105.959645
    Latitude
    32.900625

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    FAQs

    What type of property is this?
    Car wash - Car wash with potential for increased profitability.
    Where is this car wash located?
    The property is located at 612 E 11Th St Alamogordo, NM.
    What is the asking price?
    The asking price for this property is $197,250.
    What are key features of this property?
    This property features: - Streamlined operation with only one employee and outsourced maintenance.; - Partnership with Lowe's Market providing ground lease and gas pump sales revenue.; - Untapped potential for increased profitability through price adjustments and membership subscriptions.
    (505) 331-8306
    Request Owner's contact information
    612 E 11Th St Alamogordo, NM 88310
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    Alamogordo, NM 88310
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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
    612 E 11Th St Alamogordo, NM 88310
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