Self-Service Car Wash
New
For Sale
$1,300,000
1730 Mountain City Highway, Elko, NV 89801
Commercial Sale, Elko, NV
Property Size3,716 SF
Lot Size0.46 Acres
Price / SF$349.84
Days on Market6
Property Features for 1730 Mountain City Highway
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
ZC - General Commercial
Window features
Skylight(s)
Lot features
Level
Standard status
Active
APN
001-660-086
Size
3,716 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Annual Amount
17541
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Year built
2005
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Brick, Concrete
Roof type
Shingle
Listing Agency:
Keller Williams Group One Inc. · Keller Williams Realty
(775) 336-3800
Listed By:
Ricci Rodriguez-Elkins · License #BS.146909
(775) 240-5143
Added: Sep 1
Changed: Sep 6
Last Checked: Sep 6 at 4:06AM
MLS# 260011565
Copyright © 2026 Northern Nevada Regional MLS, Inc. 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.
Located at 1730 Mountain City Highway in Elko, this 0.46-acre commercial property includes a 3,716-square-foot building improved for self-service and automatic car wash use. The improvements were built in 2005 and feature concrete flooring, brick and concrete construction, a shingle roof, natural gas heating, public water, and public sewer. Natural gas is available at the site.
The property is immediately adjacent to Smith's and positioned near Starbucks, Taco Bell, O'Reilly Auto Parts, restaurants, service businesses, and hospitality uses. Access to Interstate 80 and the surrounding commercial district is nearby, with Elko Regional Airport located across the corridor. Zoning is ZC - General Commercial. Existing improvements and equipment are included, while equipment condition and future permitted uses should be independently verified.
The property is immediately adjacent to Smith's and positioned near Starbucks, Taco Bell, O'Reilly Auto Parts, restaurants, service businesses, and hospitality uses. Access to Interstate 80 and the surrounding commercial district is nearby, with Elko Regional Airport located across the corridor. Zoning is ZC - General Commercial. Existing improvements and equipment are included, while equipment condition and future permitted uses should be independently verified.
Key Highlights
- 0.46‑acre commercial site with 3,716 SF of improvements
- Existing self‑service and automatic car wash improvements
- Built in 2005 with brick and concrete construction
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,611
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$792,220
$792.2K
Cap Rate 7%
$565,871
$565.9K
Cap Rate 9%
$440,122
$440.1K
Market Conditions
NOI Build-Up for 3,716 SF
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.
Gross rent
$60.2K $16.20/SF
− Vacancy
−$3.6K −$0.97/SF
EGI
$56.6K $15.23/SF
− OpEx
−$17.0K −$4.57/SF
NOI
$39.6K $10.66/SF
Area
Elko County, NV
Vacancy
6.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$792,220
Cap Rate 7%
$565,871
Cap Rate 9%
$440,122
Alternative Uses
Best Use
Retail
$565.9K
$495.1K – $660.2K
NOI $39,611 @ 7.0% cap · market cap 3.05%
Second Best
Specialty Retail
$558.4K
$488.6K – $651.5K
NOI $39,088 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,657 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
Explore this area
Business Placement
Demographics for 89801, NV
26,250
Population
11,079
Households
2.4
Avg Household Size
34
Median Age
16%
College-Educated
87%
High-School Grad
1,212.7 sq mi
ZIP Area
22
Density / Sq Mi
$83,777
Median Household Income
$48,886
Median Earnings
$1,185
Median Rent
$278,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self service car wash - Existing self-service and automatic car wash improvements in a general commercial corridor near established retail and restaurant businesses.
Where is this self service car wash located?
The property is located at 1730 Mountain City Highway Elko, NV.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 0.46‑acre commercial site with 3,716 SF of improvements; Existing self‑service and automatic car wash improvements; Built in 2005 with brick and concrete construction
