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    3900 Carter Dr Wellington, NV 89444

    Sponsored
    For Sale
    $1,300,000

    Profitable Established Business, 2 Acres

    Property size:
    6,680 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a thriving Nevada casino and bar, Topaz Joe's, situated on a 2-acre lot in Wellington, Douglas County (zip code 89444). Boasting over $1 million in annual gross revenue with consistent double-digit growth over the past three years, this established business includes a bar, grill, casino, and grocery store operating within two attached buildings totaling nearly 6,680 square feet. The property also features a separate 2400+ sq ft storage building with potential for expansion or additional revenue streams. A valuable asset is the included Gaming Overlay Non-restricted license, a rare find in Nevada. The property offers significant upside potential with approximately one acre of undeveloped land suitable for various uses, such as RV parking, self-storage units, or an expanded outdoor hospitality area. Existing infrastructure includes a 38kW backup generator, an outdoor patio, and a well-equipped bar and grocery store with ample seating. The casino features 13 drop-in and 14 slant-top poker machines. The convenient location is adjacent to the local fire station and offers easy access to Lake Topaz, Gardnerville, Minden, and Lake Tahoe. This turnkey operation is ready for a new owner to capitalize on its strong local customer base and the continued growth of the Topaz Ranch Estates community. The asking price is $1,300,000.

    Property Features for 3900 Carter Dr

    General Information

    Property type
    Casinos
    Square Feet
    6,680 SF
    Lot Size
    87,120 SF

    HighLights

    • Established bar and grocery with 26 years of loyal clientele.
    • High growth area with strong potential for increased business.
    • Prime location next to the local fire station.
    • Convenient access to Lake Topaz, Gardnerville, Minden, and Lake Tahoe.
    • Equipped with a 38kW backup generator for reliable operations.
    • Outdoor patio ideal for additional seating and events.
    Property Profile Location Intelligence

    Current Use by Public Records

    Casinos

    Map

    City
    Wellington
    County
    Douglas
    State
    Nevada
    Longitude
    -119.506647
    Latitude
    38.7318529

    Nearby Comparable

    • $1,400,000
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      Wellington Commercial Opportunity

      Thriving Business, High Growth Area
      3900 Carter Way, Wellington, NV 89444
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    • $110,000
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      Topaz Ranch Estates Commercial Land

      8-acre commercial land in growing Topaz Ranch Estates community.
      4339 Nv-208, Topaz Ranch Estates, NV 89444
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    • $115,000
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      Tourist Commercial Land Opportunity

      Land with Tourist Commercial zoning in a growing community.
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    • $120,000
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      Topaz Ranch Estates Land Parcel

      9.05 acres in Topaz Ranch Estates with commercial zoning.
      4363 Nv-208, Topaz Ranch Estates, NV 89444
      View Details
    • $120,000
      9.05 Acres

      Topaz Ranch Estates Land Opportunity

      9.05 acres of commercial land in Topaz Ranch Estates.
      4379 Nv-208, Topaz Ranch Estates, NV 89444
      View Details
    • $695,000

      Commercial Land with Approved Plans

      Commercial development opportunity with approved plans for retail and multifamily.
      1378 Us Highway 395 N, Gardnerville, NV 89410
      View Details
    • $2,800,000
      8,150 SF

      Topaz Lake Retreat Investment Opportunity

      8,150 sq.ft. property with lake views and income potential.
      1929 Us-395, Gardnerville, NV 89410
      View Details

    Nearby Similar for Sale

    • $1,300,000
      6,680 SF

      Established Bar and Grocery Store

      Long-standing bar and grocery store with strong local customer base.
      3900 Carter Dr, Wellington, NV
      View Details
    • $1,400,000
      4,280 SF

      Wellington Commercial Opportunity

      Thriving Business, High Growth Area
      3900 Carter Way, Wellington, NV 89444
      View Details

    FAQs

    What type of property is this?
    Casino - Profitable Established Business, 2 Acres
    Where is this casino located?
    The property is located at 3900 Carter Dr Wellington, NV.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Established bar and grocery with 26 years of loyal clientele.; High growth area with strong potential for increased business.; Prime location next to the local fire station.
    Request Owner's contact information
    3900 Carter Dr Wellington, NV 89444
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3900 Carter Dr Wellington, NV 89444
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