Property profile

200 Goldfield Ave Yerington, NV 89447

OFF-MARKET
Commercial real estate
Property ID
US62-0891138
1,900 SF 0.5 ac lot Built 1986
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This profitable Yerington, Nevada, business opportunity includes both the real estate and the established car wash and laundromat. The 3,060 square-foot property, situated on a 0.5-acre lot at the intersection of West Goldfield Avenue (Highway 95) and Pizen Switch Road, boasts excellent visibility and accessibility. The 1,960 square-foot laundromat features 22 front-load washers and 20 dryers, with current wash rates offering significant upside potential. The 1,100 square-foot car wash includes three self-service bays, each priced at $2.00 per wash, and two coin-operated vacuums. Built in 1986, the steel and brick buildings with metal roofs are in excellent condition, requiring minimal capital expenditures. Recent improvements include fresh interior paint in the laundromat and the addition of a snack vending machine. The property benefits from a ductless mini-split HVAC system, a restroom, and outdoor seating. Located in Yerington's primary retail corridor, this business enjoys proximity to major retailers such as Raley's, McDonald's, and others. The asking price is $650,000, representing a 9.18% cap rate and offering a strong return on investment with opportunities for increased profitability. The property is zoned General Commercial and is offered fee simple. The APN is 001-011-23. This turnkey operation is ready for a new owner to step in and capitalize on its established success and growth potential.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Total area 1,900 SF
Lot 0.5 ac (21,780 SF)
Zoning code C1
APN 001-011-23
UPID US62-0891138

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

200 Goldfield Ave Yerington, NV 89447
Yerington metro Census 960902 FERGUS FALLS, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$685k

Owner & transaction history

since 2023
Last sale
$600,000
2 recorded transactions
2023
$600,000
2012
Price N/A

Zoning & alternative use

C1 · Yerington, NV
Zoning description

The primary puprose of this district is offices, services, restaurants and retail sales of new merchandise

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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