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330A E 20TH Street, Farmington, NM, 87401
Self Service Car Wash Facility

330A E 20TH Street Farmington, NM 87401

For Sale
Contact for pricing

Self service car wash with seven bays, including a touchless automatic system and a truck/RV-capable bay.

Property Size5,060 SF
Price / SF$237.15
Days on Market154

Property Features for 330A E 20TH Street

General Information

Standard status Active
Size 5,060 SF
Property subtype Land
Listing Agency: EXIT Realty Home & Ranch
Listed By: Kelsie Booker
Source: Crexi
Added: Feb 26 Changed: Jul 23 Last Checked: Jul 29 at 9:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXIT Realty Home & Ranch

Investment Insights

Based on property information with market context.

This well-established car wash facility is designed for a steady, on-site service experience. The property includes seven wash bays, featuring a touchless automatic wash system installed less than two years ago. There is also an oversized bay designed to accommodate trucks and RVs, expanding the types of vehicles the site can serve. In addition, the site offers seven dedicated vacuum and detailing stations to support customer cleaning and finishing needs.

The property is positioned for strong on-site visibility and benefits from steady daily traffic and established local demand, supporting its continued operation.

Overall, the combination of multiple wash bays, the newer touchless system, and the dedicated vacuum and detailing stations provides a complete car wash and detailing setup for an owner-operator or investor.

Key Highlights

  • Established car wash with 7 wash bays
  • Touchless automatic wash system installed less than 2 years ago
  • Includes 1 oversized bay designed for trucks and RVs

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 $74.7k $14.76
− Vacancy −$4.7k −$0.93
EGI $70.0k $13.83
− OpEx −$17.5k −$3.46
NOI $52.5k $10.37
5,060 SF · lease $14.76/SF/yr · vacancy 6.30% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$749.8K
$656.1K – $874.8K (±1% cap)
NOI $52,485 @ 7.0% cap · market cap 4.37%
Second Best
Retail
$714.7K
$625.4K – $833.9K (±1% cap)
NOI $50,032 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$1.05M
$915.9K – $1.22M (±1% cap)
NOI $73,274 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Self service car ...

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Law Firm

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Car wash - Self service car wash with seven bays, including a touchless automatic system and a truck/RV-capable bay.
Where is this car wash located?
The property is located at 330A E 20TH Street Farmington, NM.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Established car wash with 7 wash bays; Touchless automatic wash system installed less than 2 years ago; Includes 1 oversized bay designed for trucks and RVs
More about this property
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