Flex Space with Fabrication
For Sale
$3,100,000
824 Poplar Street, Carlin, NV 89822
CommercialSale, Carlin, NV
Property Size14,980 SF
Lot Size14.79 Acres
Price / SF$206.94
Days on Market180
Property Features for 824 Poplar Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
LI
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 1, Bathroom 4, Bathroom 3
Exterior features
Fence, Workshop
Fencing
Fenced
Subdivision
ZX-Other/None
Standard status
Active
APN
002-220-029
Size
14,980 SF
Lot size
14.79 Acres
Taxes and HOA fees
Tax Annual Amount
13567
Utilities
Heating system
Baseboard, Radiant
Cooling system
Window Unit(s), Wall Unit(s)
Amenities
private offices
bullpen
server room
open floor plan
covered overhang
Building Details
Year built
1988
Flooring type
Concrete, Carpet
Building materials
MetalSiding
Roof type
Metal, Membrane
Additional Structures
Workshop
Listing Agency:
Coldwell Banker Commercial Excel · Coldwell Banker Real Estate
(775) 738-4078
Listed By:
Sierra Petersen · License #BS.0146660
(775) 340-2393
Added: Apr 13
Changed: Sep 20
Last Checked: Oct 9 at 3:06PM
MLS# 3627782
Copyright © 2026 Elko 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 flex-space property in Carlin, Nevada, spans 14,980 square feet across multiple buildings on 14.79 acres. The campus includes two office buildings totaling approximately 2,760 square feet, with private offices, bullpen workspace, a server room, training space, open-area configuration, and a covered overhang. The main office has a new 2025 rubber roof.
Two shop buildings provide approximately 10,480 square feet with 3-phase power, radiant heat, 16-foot sliding doors, mezzanines, bathrooms, and air compressors. Additional improvements include a 2-ton overhead crane, welding booths, a storage cage, an air handler, and approximately 1,740 square feet of covered storage in a Quonset hut and containment lean-to.
The fenced yard has exterior lighting and service from City of Carlin water and sewer, Wells Rural Electric, and Wells Propane. The property is just off I-80 and includes two month-to-month laydown yard leases plus a longer-term cell tower lease.
Two shop buildings provide approximately 10,480 square feet with 3-phase power, radiant heat, 16-foot sliding doors, mezzanines, bathrooms, and air compressors. Additional improvements include a 2-ton overhead crane, welding booths, a storage cage, an air handler, and approximately 1,740 square feet of covered storage in a Quonset hut and containment lean-to.
The fenced yard has exterior lighting and service from City of Carlin water and sewer, Wells Rural Electric, and Wells Propane. The property is just off I-80 and includes two month-to-month laydown yard leases plus a longer-term cell tower lease.
Key Highlights
- 14.79‑acre industrial campus with approximately 14,980 SF across multiple buildings
- Two shop buildings totaling approximately 10,480 SF with 3‑phase power and radiant heat
- Main shop includes a 2‑ton overhead crane, welding booths, storage cage, and air handler
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$256,562
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,131,240
$5.1M
Cap Rate 7%
$3,665,171
$3.7M
Cap Rate 9%
$2,850,689
$2.9M
Market Conditions
NOI Build-Up for 14,980 SF
Gross rent
$395.5K $26.40/SF
− Vacancy
−$53.4K −$3.56/SF
EGI
$342.1K $22.84/SF
− OpEx
−$85.5K −$5.71/SF
NOI
$256.6K $17.13/SF
Area
Elko County, NV
Vacancy
13.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,131,240
Cap Rate 7%
$3,665,171
Cap Rate 9%
$2,850,689
Alternative Uses
Best Use
Office B
$3.67M
$3.21M – $4.28M
NOI $256,562 @ 7.0% cap · market cap 8.28%
Second Best
Warehouse
$421.5K
$368.8K – $491.7K
NOI $29,503 @ 7.0% cap · market cap 0.95%
Theoretical Best
Office A
$4.76M
$4.17M – $5.55M
NOI $333,207 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 89822, NV
1,982
Population
983
Households
2
Avg Household Size
40
Median Age
16%
College-Educated
91%
High-School Grad
239.2 sq mi
ZIP Area
8
Density / Sq Mi
$61,815
Median Household Income
$47,745
Median Earnings
$1,211
Median Rent
$197,500
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial campus with offices, heated shops, fenced storage areas, and utility service near I-80.
Where is this flex space located?
The property is located at 824 Poplar Street Carlin, NV.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 14.79‑acre industrial campus with approximately 14,980 SF across multiple buildings; Two shop buildings totaling approximately 10,480 SF with 3‑phase power and radiant heat; Main shop includes a 2‑ton overhead crane, welding booths, storage cage, and air handler
