6-Bay Self-Service Car
For Sale
$350,000
Pending
5101 Headingly Ave NE, Albuquerque, NM 87110
Self-service car wash with updated equipment, payment-enabled bays, and an on-site office.
Property Size2,450 SF
Days on Market257
Property Features for 5101 Headingly Ave NE
General Information
Standard status
Pending
Size
2,450 SF
Property subtype
Investment
Zoning
MX-M
Building Details
Year Built
1970
Listing Agency:
Keller Williams Realty - Academy
Listed By:
Christopher Venegas
(505) 271-8200
Source:
Carnm.resimplifi
Added: Jan 30
Changed: Oct 3
Last Checked: Oct 12 at 4:47PM
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 Keller Williams Realty - Academy
Investment Insights
Based on property information with market context.
This self-service car wash occupies a 2,450-square-foot property built in 1970 and includes six wash bays equipped with credit-card readers. The operation also has five commercial 3X motor vacuums, dual bill changers, six vending machines, and both 5-cycle and 7-cycle wash systems. A back-up air compressor, on-site office, and security camera system are included.
The property is located at 5101 Headingly Ave NE in Albuquerque’s Northeast Heights, near San Mateo Blvd and Candelaria Rd. Surrounding context includes retail uses, dense residential neighborhoods, and community parks. The site is zoned MX-M and includes an established Google Business profile with 200+ reviews.
The property is located at 5101 Headingly Ave NE in Albuquerque’s Northeast Heights, near San Mateo Blvd and Candelaria Rd. Surrounding context includes retail uses, dense residential neighborhoods, and community parks. The site is zoned MX-M and includes an established Google Business profile with 200+ reviews.
Key Highlights
- Six wash bays with credit‑card readers
- 2,450‑square‑foot property built in 1970
- Five commercial 3X motor vacuums
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,740
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,800
$294.8K
Cap Rate 7%
$210,571
$210.6K
Cap Rate 9%
$163,778
$163.8K
Market Conditions
NOI Build-Up for 2,450 SF
Gross rent
$22.1K $9.00/SF
− Vacancy
−$992 −$0.41/SF
EGI
$21.1K $8.59/SF
− OpEx
−$6.3K −$2.58/SF
NOI
$14.7K $6.02/SF
Area
Albuquerque, NM
Vacancy
4.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,800
Cap Rate 7%
$210,571
Cap Rate 9%
$163,778
Alternative Uses
Best Use
Specialty Retail
$592.2K
$518.2K – $690.9K
NOI $41,454 @ 7.0% cap · market cap 11.84%
Second Best
Retail
$503.1K
$440.2K – $587.0K
NOI $35,218 @ 7.0% cap · market cap 10.06%
Theoretical Best
Office A
$592.7K
$518.6K – $691.5K
NOI $41,489 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
635
Businesses Nearby
89k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 77%
Dining 15%
Apparel 7%
Electronics 1%
dd's DISCOUNTS
Shops & Services
30,851 visits/mo
0.1 miles
Mister Car Wash
Shops & Services
10,359 visits/mo
0.5 miles
Shell
Shops & Services
10,226 visits/mo
0.3 miles
Melrose
Apparel
5,991 visits/mo
0.1 miles
Church's Chicken
Dining
5,926 visits/mo
0.3 miles
Demographics for 87110, NM
38,441
Population
19,591
Households
2
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
8.8 sq mi
ZIP Area
4,368
Density / Sq Mi
$63,593
Median Household Income
$40,244
Median Earnings
$1,096
Median Rent
$251,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Albuquerque, NM
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Frequently Asked Questions
What type of property is this?
Self service car wash - Self-service car wash with updated equipment, payment-enabled bays, and an on-site office.
Where is this self service car wash located?
The property is located at 5101 Headingly Ave NE 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: Six wash bays with credit‑card readers; 2,450‑square‑foot property built in 1970; Five commercial 3X motor vacuums
