Motorcycle Service
616 E Main St Farmington, NM 87401
616 E Main St, Farmington, NM, 87401
$799,900
For Sale
$799,900
Motorcycle-focused facility with storefront, workshop areas, four garage entries, and paved parking for customer and employee access.
Property Size7,572 SF
Price / SF$105.64
Days on Market120
Property Features for 616 E Main St
General Information
- Standard status
- Active
- Size
- 7,572 SF
Listing agency
Real Broker, LLC
(505) 501-8887
Listed by
Bryan D Crawford · License #50122
(505) 501-8887
Source
Exprealty
Added: Mar 25 Updated: Jul 22 at 2:43AM Checked: Jul 22 at 2:43AM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
This motorcycle facility is offered for sale with approximately 7,572 square feet under roof. The property includes a prominent storefront, dedicated workshop areas, and four stall garage entries to support efficient service operations. A paved parking lot is provided for both customer and employee parking.
Located at 616 E Main St in Farmington, NM, the property is positioned for visibility along East Main St and is designed for day-to-day automotive service and related retail activity. The existing layout supports operations that combine front-of-house presence with back-of-house repair and service space.
Located at 616 E Main St in Farmington, NM, the property is positioned for visibility along East Main St and is designed for day-to-day automotive service and related retail activity. The existing layout supports operations that combine front-of-house presence with back-of-house repair and service space.
Key Highlights
- 7,572 SF under‑roof motorcycle facility on East Main St
- Prominent storefront plus dedicated workshop areas
- Four stall garage entries for service operations
Local Financial Insights For Industrial
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 | $71.8k | $9.48 |
| − Vacancy | −$5.4k | −$0.71 |
| EGI | $66.4k | $8.77 |
| − OpEx | −$19.9k | −$2.63 |
| NOI | $46.5k | $6.14 |
7,572 SF · lease $9.48/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.07M
$935.9K – $1.25M
NOI $74,870 @ 7.0% cap · market cap 9.36%
Second Best
Industrial
$664.0K
$581.0K – $774.7K
NOI $46,479 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,650 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Motorcycle Performance Headquarters
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- National Seating — 611A S Carlton Ave, Farmington, NM 87401
- Motor Medic — 103 E Cedar St, Farmington, NM 87401
- 4 Corners Glass Inc — 705 S Commercial Ave, Farmington, NM 87401
- Mr. Richard's Speed Shop — 1670 Bloomfield Blvd, Farmington, NM 87401
- Largo Frame & Alignment, Inc. — 1213 Acacia St, Farmington, NM 87401
FAQs
What type of property is this?
Auto shop - Motorcycle-focused facility with storefront, workshop areas, four garage entries, and paved parking for customer and employee access.
Where is this auto shop located?
The property is located at 616 E Main St Farmington, NM.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 7,572 SF under‑roof motorcycle facility on East Main St; Prominent storefront plus dedicated workshop areas; Four stall garage entries for service operations
