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5801 Coors Blvd NW - Prime Commercial Car Wash 1,816 SF Specialty Building Offered at $985,000 at a 7.61% Cap Rate in Albuquerque, NM 87120
Executive Summary
PROPERTY HIGHLIGHTS
Adjacent to national retailers
Commercial condominium consisting of Unit B
Exclusive ownership of the ±2,285 SF car wash building
50% shared ownership of the common areas with the neighboring Valvoline Instant Oil Change
Located within a professionally maintained two-unit commercial condominium
Well-maintained building and site
Located in the rapidly growing Westside trade area with strong residential density
Easy ingress and egress with multiple access points from surrounding streets
Strong upside potential through memberships
BUSINESS HIGHLIGHTS
Established operation with 20+ years of history
Two touchless automatic wash bays
Hot water wash system
Remote monitoring via mobile app
Membership growth opportunity
Turnkey operation with established customer base
Adjacent to national retailers
Commercial condominium consisting of Unit B
Exclusive ownership of the ±2,285 SF car wash building
50% shared ownership of the common areas with the neighboring Valvoline Instant Oil Change
Located within a professionally maintained two-unit commercial condominium
Well-maintained building and site
Located in the rapidly growing Westside trade area with strong residential density
Easy ingress and egress with multiple access points from surrounding streets
Strong upside potential through memberships
BUSINESS HIGHLIGHTS
Established operation with 20+ years of history
Two touchless automatic wash bays
Hot water wash system
Remote monitoring via mobile app
Membership growth opportunity
Turnkey operation with established customer base
Property Facts
| Price | $985,000 | Property Subtype | Car Wash |
| Price Per SF | $431.07 | Building Class | B |
| Sale Type | Investment | Building Size | 2,285 SF |
| Cap Rate | 7.61% | No. Stories | 1 |
| Sale Condition | Business Value Included | Year Built | 2002 |
| Property Type | Specialty | No. Drive In / Grade-Level Doors | 1 |
| Zoning | MX-M | ||
| Price | $985,000 |
| Price Per SF | $431.07 |
| Sale Type | Investment |
| Cap Rate | 7.61% |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Building Size | 2,285 SF |
| No. Stories | 1 |
| Year Built | 2002 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | MX-M |
Amenities
- Signage
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 1-012-062-116154-3-01-06 | Improvements Assessment | $95,490 |
| Land Assessment | $121,704 | Total Assessment | $217,194 |
Property Taxes
Parcel Number
1-012-062-116154-3-01-06
Land Assessment
$121,704
Improvements Assessment
$95,490
Total Assessment
$217,194
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5801 Coors Blvd NW - Prime Commercial Car Wash
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