Turnkey Auto Shop with
For Sale
$925,000
4300 North Pecos Road, Las Vegas, NV 89115
Auto shop with two bays and lifts included in sale.
Property Size2,800 SF
Price / SF$330.36
Days on Market276
Property Features for 4300 North Pecos Road
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Retail
Building Details
Building Size
2,800 SF
Year Built
1984
Listing Agency:
(702) 534-1719
Listed By:
Maria Herman · License #NV #BS.0027640
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Aug 20
Last Checked: Aug 23 at 4:12AM
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 Maria Herman
Investment Insights
Based on property information with market context.
This property presents an opportunity to own an auto shop. The property features two combined bays and includes two lifts in the sales price. It is a turnkey operation. The seller intends to leave all parts and machinery, only removing personal items upon successful close of escrow. The Homeowner's Association (HOA) fee is $360 per month.
Key Highlights
- Turnkey operation ready for immediate use.
- Includes two lifts in the sales price.
- Seller will leave all parts and machinery.
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
$26,901
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
2.91%
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%
$538,020
$538.0K
Cap Rate 7%
$384,300
$384.3K
Cap Rate 9%
$298,900
$298.9K
Market Conditions
NOI Build-Up for 2,800 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
$42.0K $15.00/SF
− Vacancy
−$3.6K −$1.28/SF
EGI
$38.4K $13.73/SF
− OpEx
−$11.5K −$4.12/SF
NOI
$26.9K $9.61/SF
Area
ZIP 89115
Vacancy
8.50%
Lease Rate
$15.00 /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%
$538,020
Cap Rate 7%
$384,300
Cap Rate 9%
$298,900
Alternative Uses
Best Use
Retail
$384.3K
$336.3K – $448.4K
NOI $26,901 @ 7.0% cap · market cap 2.91%
Second Best
Industrial
$308.3K
$269.8K – $359.7K
NOI $21,584 @ 7.0% cap · market cap 2.33%
Theoretical Best
Office A
$837.1K
$732.5K – $976.6K
NOI $58,598 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
669
Businesses Nearby
62k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 46%
Home Improvements & Furnishings 1%
Jack in the Box
Dining
14,477 visits/mo
0.1 miles
Burger King
Dining
12,731 visits/mo
0.1 miles
7-Eleven
Shops & Services
10,523 visits/mo
0.4 miles
Shell
Shops & Services
9,171 visits/mo
0.1 miles
Sinclair
Shops & Services
7,659 visits/mo
0.1 miles
Demographics for 89115, NV
67,043
Population
21,670
Households
3.1
Avg Household Size
29
Median Age
9%
College-Educated
70%
High-School Grad
24.9 sq mi
ZIP Area
2,692
Density / Sq Mi
$49,648
Median Household Income
$32,198
Median Earnings
$1,294
Median Rent
$258,900
Median Home Value
Market
Vacancy Rate% for Retail in Las Vegas, NV
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- TEC Hino — 3834 Belmont St, North Las Vegas, NV 89030
- Dougefresh Mobile Truck Enterprises Llc — 3975 Tillamook Ave, Las Vegas, NV 89115
- North Las Vegas On-Site Truck Repair — 3828 Octagon Rd, North Las Vegas, NV 89030
- Grubs Tire Services — 3457 Ringstar Rd, North Las Vegas, NV 89030
- Redburn Tire Company — 3925 N Pecos Rd, Las Vegas, NV 89115
Frequently Asked Questions
What type of property is this?
Auto shop - Auto shop with two bays and lifts included in sale.
Where is this auto shop located?
The property is located at 4300 North Pecos Road Las Vegas, NV.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Turnkey operation ready for immediate use.; Includes two lifts in the sales price.; Seller will leave all parts and machinery.
