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Drive-Through Restaurant Business
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2119 E 20TH Street, Farmington, NM 87401

Commercial Sale, Farmington, NM

Property Size160 SF
Price / SF$125
Days on Market288

Property Features for 2119 E 20TH Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description General Commercial
Directions 20th St. Across from Porters restaurant.
Subdivision 6I
Standard status Active
Size 160 SF

Taxes and HOA fees

Tax Description NONE, BUSINESS ONLY
Legal Description NONE, BUSINESS ONLY

Utilities

Cooling system Window Unit(s)

Building Details

Floors in Building 1
Roof type Shingle
Listing Agency: Real Estate PROS
Listed By: Brandon Ryan · License #50702
Added: Dec 23, 2025 Changed: Oct 1 Last Checked: Oct 7 at 4:06PM
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 business-only offering includes a portable, 160-square-foot building outfitted for drive-through restaurant operations. The setup can draw power from the city grid or run with a generator, and it has a window air-conditioning unit and shingle roof.

The property is located at 2119 E 20th Street in Farmington, New Mexico. Recipes used during prior operations may also be included, if desired.

Key Highlights

  • 160‑square‑foot portable building set up for drive‑through restaurant use
  • Power options include city service or a generator
  • Window air‑conditioning unit and shingle roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$1,660
Cap Rate
8.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$33,200 $33.2K
Cap Rate 7%
$23,714 $23.7K
Cap Rate 9%
$18,444 $18.4K
Market Conditions
NOI Build-Up for 160 SF
Gross rent
$2.4K $14.76/SF
− Vacancy
−$149 −$0.93/SF
EGI
$2.2K $13.83/SF
− OpEx
−$553 −$3.46/SF
NOI
$1.7K $10.37/SF
Area
San Juan County, NM
Vacancy
6.30%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$33,200
Cap Rate 7%
$23,714
Cap Rate 9%
$18,444

Alternative Uses

Best Use
Specialty Retail
$23.7K
$20.8K – $27.7K (±1% cap)
NOI $1,660 @ 7.0% cap · market cap 8.30%
Second Best
Industrial
$14.0K
$12.3K – $16.4K (±1% cap)
NOI $982 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$33.1K
$29.0K – $38.6K (±1% cap)
NOI $2,317 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

glazed Restaurant

Suggested Use

Top Pick Real Estate Agency Bakery Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Hotel & Motel

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

740
Businesses Nearby
78k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 50% Dining 38% Apparel 11% Home Improvements & Furnishings 1%
Mister Car Wash Shops & Services
20,153 visits/mo 0.4 miles
SONIC Drive In Dining
17,438 visits/mo 0.4 miles
Speedway Shops & Services
12,644 visits/mo 0.4 miles
Goodwill Apparel
8,703 visits/mo 0.5 miles
Little Caesars Pizza Dining
6,677 visits/mo 0.5 miles

Demographics for 87401, NM

44,724
Population
17,611
Households
2.5
Avg Household Size
34
Median Age
19%
College-Educated
88%
High-School Grad
132.8 sq mi
ZIP Area
337
Density / Sq Mi
$56,358
Median Household Income
$31,362
Median Earnings
$983
Median Rent
$202,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - The portable food-service setup can run on municipal electricity or generator power.
Where is this drive through restaurant located?
The property is located at 2119 E 20TH Street Farmington, NM.
What are key features of this property?
This property features: 160‑square‑foot portable building set up for drive‑through restaurant use; Power options include city service or a generator; Window air‑conditioning unit and shingle roof
More about this property
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