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Farmington Drive-Through Restaurant Opportunity

2119 E 20TH Street Farmington, NM 87401

2119 E 20TH Street, Farmington, NM, 87401
$50,000
For Sale
Claim this Listing
$50,000

COMMERCIAL - Farmington, NM

Property Size160 SF
Price / SF$312.50
AddedDec 23, 2025
Days on Market204
Last RefreshJul 15 at 6:06 am

Property Features for 2119 E 20TH Street

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
160 SF

Taxes and HOA fees

Tax Description
NONE, BUSINESS ONLY

Utilities

Cooling system
Window Unit(s)

Building Details

Floors in Building
1

Listing agent Brandon Ryan License #50702

Listing office Real Estate PROS 4100 E Main St., Farmington, NM

Listing date Dec 23, 2025

MLS# 25-1582

Copyright © 2026 San Juan County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property presents a business opportunity to restart or create a new drive-through restaurant in Farmington, New Mexico. The sale includes a portable building equipped for operating a small drive-through restaurant. The setup allows for operation using either city power or a generator. Previously operated as GLAZED drive-through. The owner is offering to include all recipes used during its operation, if desired. The property is zoned for General Commercial use and has a size of 160 square feet.

Key Highlights

  • Equipped portable building ready for immediate operation as a drive‑through restaurant or new business.
  • Option to receive all recipes used by the previous drive‑through restaurant.
  • Can operate using city power or a generator.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $2.4k $14.76
− Vacancy −$149 −$0.93
EGI $2.2k $13.83
− OpEx −$553 −$3.46
NOI $1.7k $10.37
160 SF · lease $14.76/SF/yr · vacancy 6.30% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$23.7K
$20.8K – $27.7K (±1% cap)
NOI $1,660 @ 7.0% cap · market cap 3.32%
Second Best
Retail
$22.6K
$19.8K – $26.4K (±1% cap)
NOI $1,582 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$33.1K
$29.0K – $38.6K (±1% cap)
NOI $2,317 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

glazed Restaurant

Suggested Use

Real Estate Agency Bakery Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Hotel & Motel (Bike/Boat/Book/etc) Store Locksmith Daycare Center Catering Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Drive through restaurant - Drive-through restaurant business opportunity in Farmington, New Mexico.
Where is this drive through restaurant located?
The property is located at 2119 E 20TH Street Farmington, NM.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Equipped portable building ready for immediate operation as a drive‑through restaurant or new business.; Option to receive all recipes used by the previous drive‑through restaurant.; Can operate using city power or a generator.
Contact an agent
More about this property
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