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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Car washes
10705 Central NE Ave Albuquerque, NM 87123-2725
Individually Owned
2-yr Hold
Free & Clear
Property ID
US61-0269298
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2012
Total area
5,590 SF
Lot
1.17 ac (51,096 SF)
APN
1-021-056-142-512-2-05-27
UPID
US61-0269298
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Champion Xpress Carwash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$831k
Blend (final)
Blend
$595k
Owner & transaction history
State Of New Mexico · 2 yrs held
State Of New Mexico
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$770,000
+33.1%
Apartment house (5+ units)
$600,000
+4.0%
Restaurant
$585,000
+1.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Albuquerque submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albuquerque submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$580,000
Current use
COMMERCIAL (GENERAL)
$770,000
Change: +33% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$600,000
Change: +4% · Conversion: Difficult
RESTAURANT
$585,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$515,000
Change: -11% · Conversion: Difficult
RETAIL STORES
$495,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$106 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,833
Tax year 2023
Assessed value
$246,642
Assessed 2023
Previous assessed
$226,278
+9.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$121,704
Assessed improvement
$124,938
Land market value
$365,150
Improvement market value
$374,851
Total market value
$740,001
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2012
Heating
NONE
Total area
5,590 SF
Lot
1.17 ac (51,096 SF)
APN
1-021-056-142-512-2-05-27
UPID
US61-0269298
Jurisdiction
BERNALILLO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$580,000
COMMERCIAL (GENERAL)
Est. value
$770,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$600,000
RESTAURANT
Est. value
$585,000
OFFICE BUILDING
Est. value
$515,000
RETAIL STORES
Est. value
$495,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2012
Heating
NONE
Lot
1.17 ac
Current owner
From public records · entity-resolved
State Of New Mexico
Individual
Free & Clear · 2 yrs held
Mailing address
13105 DOVER AVE, LUBBOCK, TX 79424-8451
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2024
—
State Of New Mexico
Classic Emporium I LLC
Special Warranty Deed
—
Jan 20, 2022
—
Via Real Estate LLC
Classic Emporium I LLC
Special Warranty Deed
—
Aug 22, 2008
—
Classic Emporium I LLC
Jackson Real Estate Services
Warranty Deed
$525,000 · Bank Of The West
—
—
Classic Emporium I LLC
—
Deed Of Trust
related
$1,159,000 · Enchantment Land Certified Dev
—
—
Classic Emporium I LLC
—
Deed Of Trust
related
—
—
—
Classic Emporium I LLC
—
Deed Of Trust
related
$2,750,000 · First American Bank
—
—
Classic Emporium I LLC
—
Deed Of Trust
related
$525,000 · Bank Of The West
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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