Self-Service Car
For Sale
Contact for pricing
5801-B Coors Blvd. NW, Albuquerque, NM 87120
Automotive service property with MX-M zoning in Albuquerque.
Property Size2,285 SF
Price / SF$431.07
Days on Market11
Property Features for 5801-B Coors Blvd. NW
General Information
Standard status
Active
Size
2,285 SF
Property subtype
Special Purpose, Business for Sale
Zoning
MX-M
Net Operating Income
$75,000
Additional Details
Cap Rate
7.61%
Building Details
Buildings
1
Listing Agency:
NAI Sun Vista
Listed By:
Melody Torres · License #NM
Source:
Crexi
Added: Jul 30
Changed: Aug 8
Last Checked: Aug 9 at 12:52PM
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 NAI Sun Vista
Investment Insights
Based on property information with market context.
This self-service car wash is a 2,285-square-foot automotive property at 5801-B Coors Blvd. NW in Albuquerque, New Mexico. The asset is identified as a special-purpose commercial property and carries MX-M zoning, supporting its established automotive-service classification.
The property is offered for sale with a reported 7.61% CAP rate. Its location on Coors Blvd. NW places the facility within Albuquerque’s commercial setting, while the dedicated car wash configuration provides a focused operating profile for an automotive user.
The property is offered for sale with a reported 7.61% CAP rate. Its location on Coors Blvd. NW places the facility within Albuquerque’s commercial setting, while the dedicated car wash configuration provides a focused operating profile for an automotive user.
Key Highlights
- 2,285‑square‑foot self‑service car wash
- Reported 7.61% CAP rate
- MX‑M zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,601
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$612,020
$612.0K
Cap Rate 7%
$437,157
$437.2K
Cap Rate 9%
$340,011
$340.0K
Market Conditions
NOI Build-Up for 2,285 SF
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.
Gross rent
$43.9K $19.20/SF
− Vacancy
−$3.1K −$1.34/SF
EGI
$40.8K $17.86/SF
− OpEx
−$10.2K −$4.46/SF
NOI
$30.6K $13.39/SF
Area
ZIP 87120
Vacancy
7.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$612,020
Cap Rate 7%
$437,157
Cap Rate 9%
$340,011
Alternative Uses
Best Use
Specialty Retail
$437.2K
$382.5K – $510.0K
NOI $30,601 @ 7.0% cap · market cap 3.11%
Second Best
Retail
$361.0K
$315.9K – $421.2K
NOI $25,271 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$536.3K
$469.3K – $625.7K
NOI $37,543 @ 7.0% cap · market cap 3.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
665
Businesses Nearby
545k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Superstores 27%
Shops & Services 22%
Home Improvements & Furnishings 11%
Walmart
Superstores
147,984 visits/mo
0.2 miles
The Home Depot
Home Improvements & Furnishings
55,507 visits/mo
0.1 miles
McDonald's
Dining
34,517 visits/mo
0.2 miles
Chili's Grill & Bar
Dining
27,628 visits/mo
0.1 miles
Cracker Barrel Old Country Store
Dining
25,787 visits/mo
0.3 miles
Demographics for 87120, NM
64,643
Population
27,432
Households
2.4
Avg Household Size
39
Median Age
39%
College-Educated
93%
High-School Grad
57.6 sq mi
ZIP Area
1,122
Density / Sq Mi
$84,887
Median Household Income
$49,726
Median Earnings
$1,404
Median Rent
$276,900
Median Home Value
Market
Vacancy Rate% for Retail in Albuquerque, NM
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self service car wash - Automotive service property with MX-M zoning in Albuquerque.
Where is this self service car wash located?
The property is located at 5801-B Coors Blvd. NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: 2,285‑square‑foot self‑service car wash; Reported 7.61% CAP rate; MX‑M zoning
