5801-B Coors Blvd. NW, Albuquerque, NM 87120

Building Details

Buildings 1 More

Listing Agency: NAI Sun Vista

Listed By: Melody Torres Show Phone

Source: Crexi

Added: Jul 30 Changed: Oct 27 Last Checked: Nov 10 at 5:38AM

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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

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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.

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 / Yr

$30,601

Cap Rate

3.11%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$612,020 $612.0K

Cap Rate 7%

$437,157 $437.2K

Cap Rate 9%

$340,011 $340.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,285 SF

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 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 (±1% cap)

NOI $30,601 @ 7.0% cap · market cap 3.11%

Second Best

Retail

$361.0K

$315.9K – $421.2K (±1% cap)

NOI $25,271 @ 7.0% cap · market cap 2.57%

Theoretical Best

Office A

$536.3K

$469.3K – $625.7K (±1% cap)

NOI $37,543 @ 7.0% cap · market cap 3.81%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Self service car ...

Suggested Use

Top Pick Building Supply Law Firm HVAC Service Kitchen & Bath Showroom Auto Repair Shop Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

746

Businesses Nearby

231k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 39% Dining 30% Groceries 28% Beauty & Spa 2%

Albertsons Groceries

42,987 visits/mo 0.4 miles

Speedway Shops & Services

25,745 visits/mo 0.0 miles

Dion's Pizza Dining

22,387 visits/mo 0.0 miles

Sprouts Farmers Market Groceries

21,352 visits/mo 0.2 miles

McDonald's Dining

20,133 visits/mo 0.5 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

7.8% 2019

8.4% 2020

7.9% 2021

4.8% 2022

4.2% 2023

5.7% 2024

5.5% 2025

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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