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    2475 N Nellis Blvd Las Vegas, NV 89104

    For Sale
    $3,110,000

    Newly renovated auto care facility with long-term absolute net lease.

    Property size:
    6,912 SF
    Lot size:
    20.99 Acres

    Property Features for 2475 N Nellis Blvd

    General Information

    Size
    6,912 SF
    Lot size
    20.99 Acres

    Source: CP Partners Agent Ryan Schulten

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Nellis Boulevard Auto Care Facility

    This is a newly renovated auto care facility located on N Nellis Boulevard, offering standalone visibility with traffic counts exceeding 30,000 vehicles per day. The property is situated in a dense residential trade area, approximately 2 miles from Nellis Air Force Base, which houses 60,000 residents, including base families and retirees, and contributes $4.4 billion in economic impact to the region. The property is subject to a 15-year absolute net lease with 10% rental increases every 5 years, with zero landlord expense or maintenance obligations. The lease is signed by the tenant’s parent company, Auto Management, Inc., and includes personal guaranties from both of the company’s founders. The property size is 6,912 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    ATM (Circle K) Atm Redbox Movie Rental Kiosk Advance Auto Parts Auto Parts Store ATM Atm UPS Access Point ... Shipping And Mailing Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Montanos Transmission Shop, Nevada State Liens, Kaviak Car Towings, CHAMPIONS AUTO REPAIR & TIRES, JMC Auto Repair

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.0658758
    Latitude
    36.1446928

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    FAQs

    What type of property is this?
    Auto shop - Newly renovated auto care facility with long-term absolute net lease.
    Where is this auto shop located?
    The property is located at 2475 N Nellis Blvd Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $3,110,000.
    What are key features of this property?
    This property features: - 15-year absolute net lease with 10% rental increases every 5 years – zero landlord expense or maintenance obligations; - Lease is signed by tenant’s parent company, Auto Management, Inc., and features personal guaranties from both the company’s founders; - **Standalone visibility on N Nellis Boulevard – 30,000+ VPD**
    (562) 230-5606
    Request Owner's contact information
    2475 N Nellis Blvd Las Vegas, NV 89104
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    Las Vegas, NV 89104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2475 N Nellis Blvd Las Vegas, NV 89104
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