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Property profile & analytics
FOR SALE
Car washes

5401 Sevilla Ave NW Albuquerque, NM 87120

5,744 SF 1.87 ac lot Built 2019
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US61-0212178
Property summary
AI-generated overview

This exceptional 0.68-acre commercial land parcel, located at the hard corner of Coors Blvd and Sevilla Ave NW in Albuquerque, New Mexico (zip code 87120), presents a unique investment opportunity. The property boasts 29,672 square feet and is zoned Pd (Planned Development), with pre-approved construction permits for a 5,000 square foot, two-tenant retail building. Situated high above street level, the site offers unparalleled visibility to the 51,000 vehicles passing daily, along with stunning views of the Bosque and Sandia Mountains. The land's value is assessed at $26 per square foot. A significant advantage is the existing cross-parking and cross-access agreement with the adjacent carwash, providing ample parking for potential tenants. This pad-ready site is ideally suited for a variety of retail uses and benefits from its location near established businesses such as Champion Xpress Carwash, Jinja, and UFC Gym. Detailed renderings and site plans are available to illustrate development potential. The asking price for this prime Albuquerque retail property is $771,472.

Property profile
Verified
Property type Car washes
Use group CAR WASH
Year built 2019
Total area 5,744 SF
Lot 1.87 ac (81,588 SF)
APN 1-011-061-315-385-2-34-01
UPID US61-0212178
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
  • Spectrum's Store Marketing & Advertising
  • Champion Xpress Carwash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
$786k
Blend (final) Blend
$570k
Owner & transaction history
Via Real Estate LLC · 4 yrs held
Via Real Estate LLC
since 2022
7 recorded transactions
2022
Price N/A
2018
Price N/A
2016
Price N/A
2011
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $790,000 +46.6%
Apartment house (5+ units) $620,000 +14.6%
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