631 Humboldt Avenue Wells, NV 89835
COMMERCIAL - Wells, NV
Property Features for 631 Humboldt Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Exterior features
- Fence, Garden, Storage
- Fencing
- Fenced
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 002-650-010
- Size
- 9,396 SF
- Lot size
- 1.15 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6944
Utilities
- Heating system
- Propane (Heating), Forced Air
- Water source
- Public
Building Details
- Year built
- 1993
- Flooring type
- Concrete
- Building materials
- MetalSiding, Stucco
- Roof type
- Metal
- Additional Structures
- Shed(s), Storage
Listing agent Nawny Jones License #S.0194875 (775) 738-4078
Listing office Coldwell Banker Commercial Excel 700 Idaho Street, Elko, NV (775) 738-4078
Listing date Jun 5, 2025
Copyright © 2026 Elko County Board of Realtors. 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.
The sale includes the business and the building, with long-standing relationships noted with Genuine Parts Company (NAPA) and Do It Best Hardware. The location is described as convenient for local residents, ranching families, small businesses, and travelers, with consistent foot traffic referenced in the materials.
The property is for sale as a complete package at 631 Humboldt Avenue, Wells, NV 89835, in Elko County.
Key Highlights
- Wells Hardware & Auto has operated for 41 years and is locally owned and operated
- Only hardware and auto parts store in Wells (per provided remarks)
- Sale includes both the business and the building, with long‑standing relationships with Genuine Parts Company (NAPA) and Do It Best Hardware
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $152.2k | $16.20 |
| − Vacancy | −$9.1k | −$0.97 |
| EGI | $143.1k | $15.23 |
| − OpEx | −$42.9k | −$4.57 |
| NOI | $100.2k | $10.66 |
