Collision Center with I-80
For Sale
Contact for pricing
2570 Alta Vista, Elko, NV 89801
Established collision center with prime I-80 frontage at 2570 Alta Vista in Elko, NV.
Property Size15,400 SF
Price / SF$240.26
Days on Market95
Property Features for 2570 Alta Vista
General Information
Standard status
Active
Size
15,400 SF
Property subtype
Industrial
Net Operating Income
$105,420
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Building Details
Year Built
2001
Listing Agency:
Matthews
Listed By:
Kyle Matthews, CCIM · License #20170883
Source:
Crexi
Added: Jun 4
Changed: Aug 16
Last Checked: Aug 31 at 5:41PM
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 Matthews
Investment Insights
Based on property information with market context.
This property is an established collision center, offered for sale as a commercial automotive use. The site is sized at approximately 15,400 square feet and is positioned for visibility along a major roadway.
The property’s public remarks highlight prime frontage on I-80, supporting customer-facing access and strong exposure for an automotive service business.
The offering is classified as auto shop/automotive property within retail and commercial real estate categories, consistent with a specialized collision center operation.
The property’s public remarks highlight prime frontage on I-80, supporting customer-facing access and strong exposure for an automotive service business.
The offering is classified as auto shop/automotive property within retail and commercial real estate categories, consistent with a specialized collision center operation.
Key Highlights
- Established collision center
- Prime I‑80 frontage at 2570 Alta Vista in Elko, NV
- Built in 2001
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
$164,158
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
4.44%
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%
$3,283,160
$3.3M
Cap Rate 7%
$2,345,114
$2.3M
Cap Rate 9%
$1,823,978
$1.8M
Market Conditions
NOI Build-Up for 15,400 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
$249.5K $16.20/SF
− Vacancy
−$15.0K −$0.97/SF
EGI
$234.5K $15.23/SF
− OpEx
−$70.4K −$4.57/SF
NOI
$164.2K $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%
$3,283,160
Cap Rate 7%
$2,345,114
Cap Rate 9%
$1,823,978
Alternative Uses
Best Use
Retail
$2.35M
$2.05M – $2.74M
NOI $164,158 @ 7.0% cap · market cap 4.44%
Second Best
Industrial
$356.8K
$312.2K – $416.3K
NOI $24,978 @ 7.0% cap · market cap 0.68%
Theoretical Best
Office A
$4.89M
$4.28M – $5.71M
NOI $342,550 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
Well-served
Demand for This Use
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
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Similar Off Market Nearby
- Purcell Tire and Service Centers — 1825 Idaho St, Elko, NV 89801
- Fix On Road — 1850 Idaho St, Elko, NV 89801
- Grease Monkey — 1940 Idaho St, Elko, NV 89801
- Top Gun Collision Center — 2570 Alta Vista, Elko, NV 89801
- Gallagher Ford, Inc. Service — 650 30th St, Elko, NV 89801
Frequently Asked Questions
What type of property is this?
Auto shop - Established collision center with prime I-80 frontage at 2570 Alta Vista in Elko, NV.
Where is this auto shop located?
The property is located at 2570 Alta Vista Elko, NV.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Established collision center; Prime I‑80 frontage at 2570 Alta Vista in Elko, NV; Built in 2001
