Gas Station For
For Sale
Contact for pricing
5575 North 5th Street, North Las Vegas, NV 89031
For-sale gas station with inspection access limited to normal business hours and non-secure, non-storage areas.
Property Size5,934 SF
Price / SF$337.04
Days on Market168
Property Features for 5575 North 5th Street
General Information
Standard status
Active
Size
5,934 SF
Property subtype
Retail
Additional Details
Business Included
Yes
Building Details
Year Built
2014
Listing Agency:
NRC Realty & Capital Advisors
Listed By:
Patrick Downey · License #IL
(312) 278-6870
Source:
Crexi
Added: May 6
Changed: Oct 17
Last Checked: Oct 19 at 7:13AM
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 NRC Realty & Capital Advisors
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Investment Insights
Based on property information with market context.
This for-sale gas station is available for inspection during normal business hours. Inspections must not interfere with business operations, and they do not include backrooms, storage areas, or secure areas.
Prospective bidders are instructed not to ask questions of store managers or store employees. Individuals who violate this requirement may be disqualified from bidding.
Additional sale information is being marketed through NRC Realty & Capital Advisors of NV, LLC (License # B.0057279.LLC) as part of the transaction materials for 5575 North 5th Street, North Las Vegas, NV 89031.
Prospective bidders are instructed not to ask questions of store managers or store employees. Individuals who violate this requirement may be disqualified from bidding.
Additional sale information is being marketed through NRC Realty & Capital Advisors of NV, LLC (License # B.0057279.LLC) as part of the transaction materials for 5575 North 5th Street, North Las Vegas, NV 89031.
Key Highlights
- Gas station for sale
- Year built: 2014
- Inspection access limited to normal business hours and non‑secure, non‑storage areas (no backrooms/storage/secure areas)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,032
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,640,640
$1.6M
Cap Rate 7%
$1,171,886
$1.2M
Cap Rate 9%
$911,467
$911.5K
Market Conditions
NOI Build-Up for 5,934 SF
Gross rent
$113.9K $19.20/SF
− Vacancy
−$4.6K −$0.77/SF
EGI
$109.4K $18.43/SF
− OpEx
−$27.3K −$4.61/SF
NOI
$82.0K $13.82/SF
Area
North Las Vegas, NV
Vacancy
4.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,640,640
Cap Rate 7%
$1,171,886
Cap Rate 9%
$911,467
Alternative Uses
Best Use
Specialty Retail
$1.17M
$1.03M – $1.37M
NOI $82,032 @ 7.0% cap · market cap 4.10%
Second Best
Retail
$1.02M
$893.5K – $1.19M
NOI $71,479 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$1.61M
$1.41M – $1.87M
NOI $112,409 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
AMPM
Shops & Services
4,033 visits/mo
0.0 miles
ARCO
Shops & Services
4,021 visits/mo
0.0 miles
Demographics for 89031, NV
73,386
Population
25,182
Households
2.9
Avg Household Size
35
Median Age
19%
College-Educated
90%
High-School Grad
9.9 sq mi
ZIP Area
7,413
Density / Sq Mi
$85,801
Median Household Income
$41,877
Median Earnings
$1,831
Median Rent
$373,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Gas station - For-sale gas station with inspection access limited to normal business hours and non-secure, non-storage areas.
Where is this gas station located?
The property is located at 5575 North 5th Street North Las Vegas, NV.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Gas station for sale; Year built: 2014; Inspection access limited to normal business hours and non‑secure, non‑storage areas (no backrooms/storage/secure areas)
