Mixed-Use Commercial Property in
For Sale
Contact for pricing
755 Humboldt Ave, Wells, NV 89835
Mixed-use property with hotel, restaurant, and RV park components.
Property Size11,033 SF
Price / SF$145.02
Days on Market232
Property Features for 755 Humboldt Ave
General Information
Standard status
Active
Size
11,033 SF
Property subtype
Hospitality, Mobile Home Park
Zoning
Commercial
Occupancy
58%
Building Details
Year Built
1984
Year Renovated
2011
Buildings
1
Stories
2
Listing Agency:
Keller Williams VIP
Listed By:
Justin Scott · License #S.0203614
Source:
Crexi
Added: Feb 17
Changed: Sep 28
Last Checked: Oct 7 at 10:18AM
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 VIP
Investment Insights
Based on property information with market context.
The mixed-use commercial property at 755 Humboldt Ave is located in the Wells China Town district of Wells, Nevada. The property, with a size of 11033 square feet, includes a hotel, an onsite restaurant, and an RV park. Situated along Humboldt Avenue, the property benefits from street visibility, direct access, and proximity to retail, dining, and service-oriented businesses. Its location within a commercial corridor makes it suited for an owner-user or investor seeking a stable asset with local traffic and long-term upside in a business-friendly Nevada market.
Key Highlights
- Multiple revenue streams from hotel, restaurant, and RV park.
- Strategically located in the heart of Wells China Town district.
- Strong street visibility and direct access on Humboldt Avenue.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,203
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,264,060
$1.3M
Cap Rate 7%
$902,900
$902.9K
Cap Rate 9%
$702,256
$702.3K
Market Conditions
NOI Build-Up for 11,033 SF
Gross rent
$198.6K $18.00/SF
− Vacancy
−$65.5K −$5.94/SF
EGI
$133.1K $12.06/SF
− OpEx
−$69.9K −$6.33/SF
NOI
$63.2K $5.73/SF
Area
Elko County, NV
Vacancy
33.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,264,060
Cap Rate 7%
$902,900
Cap Rate 9%
$702,256
Alternative Uses
Best Use
Hotel Hospitality
$902.9K
$790.0K – $1.05M
NOI $63,203 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.51M
$3.07M – $4.09M
NOI $245,412 @ 7.0% cap · market cap 15.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
Explore this area
Business Placement
Demographics for 89835, NV
1,689
Population
635
Households
2.7
Avg Household Size
42
Median Age
15%
College-Educated
75%
High-School Grad
1,835.6 sq mi
ZIP Area
1
Density / Sq Mi
$64,583
Median Household Income
$30,789
Median Earnings
$977
Median Rent
$234,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Hotel - Mixed-use property with hotel, restaurant, and RV park components.
Where is this hotel located?
The property is located at 755 Humboldt Ave Wells, NV.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Multiple revenue streams from hotel, restaurant, and RV park.; Strategically located in the heart of Wells China Town district.; Strong street visibility and direct access on Humboldt Avenue.
