Self-Service Car Wash
For Sale
$1,300,000
1730 Mountain City, Elko, NV 89801
Existing car wash improvements in a Smith’s-anchored commercial corridor with access to I-80 and Mountain City Highway.
Property Size3,716 SF
Lot Size0.46 Acres
Price / SF$349.84
Days on Market93
Property Features for 1730 Mountain City
General Information
Standard status
Active
Size
3,716 SF
Lot size
0.46 Acres
Property subtype
Commercial
Property Condition
Severity
Repairs Needed
Evidence
deferred equipment maintenance
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Asking Price
$1,100,000
Building Details
Year Built
2005
Listing Agency:
Keller Williams Group One Inc.
Listed By:
Ricci Rodriguez-Elkins · License #BS.146909
(775) 240-5143
Source:
Ferrari-lund
Added: Jul 23
Changed: Oct 21
Last Checked: Oct 23 at 10:59AM
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 Keller Williams Group One Inc.
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Investment Insights
Based on property information with market context.
This commercial property includes an existing self-service and automatic car wash on approximately 0.46 acres, with improvements and equipment conveyed in their current condition. Built in 2005, the site is suited to continued car wash operations or evaluation for another automotive, service, retail, quick-service restaurant, redevelopment, or ground-lease concept, subject to applicable approvals.
The property is located at 1730 Mountain City Highway in Elko, adjacent to Smith’s and near Starbucks, Taco Bell, O’Reilly Auto Parts, restaurants, service businesses, and hospitality uses. Interstate 80 and the surrounding commercial district provide regional access, while Elko Regional Airport is across the corridor. The site has undergone cleanup and deferred equipment maintenance efforts, and buyers can determine the appropriate scope of future improvements.
The property is located at 1730 Mountain City Highway in Elko, adjacent to Smith’s and near Starbucks, Taco Bell, O’Reilly Auto Parts, restaurants, service businesses, and hospitality uses. Interstate 80 and the surrounding commercial district provide regional access, while Elko Regional Airport is across the corridor. The site has undergone cleanup and deferred equipment maintenance efforts, and buyers can determine the appropriate scope of future improvements.
Key Highlights
- Approximately 0.46‑acre commercial site with ±20,095 SF
- Existing self‑service and automatic car wash improvements
- Adjacent to Smith’s in an established commercial corridor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,611
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
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
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 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.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
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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
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Self service car wash - Existing car wash improvements in a Smith’s-anchored commercial corridor with access to I-80 and Mountain City Highway.
Where is this self service car wash located?
The property is located at 1730 Mountain City 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: Approximately 0.46‑acre commercial site with ±20,095 SF; Existing self‑service and automatic car wash improvements; Adjacent to Smith’s in an established commercial corridor
