424 Chestnut St, Carlin, NV 89822
For Sale
1 / 5
This exceptional investment opportunity presents a 1,232 square foot gas station situated on a 0.2-acre lot at 424 Chestnut Street in Carlin, Nevada. The property features a current tenant under a month-to-month lease, providing immediate cash flow. The existing lease is a Net-Net-Net (NNN) agreement, meaning the tenant covers most operating expenses, minimizing landlord responsibilities. The property boasts double-walled fuel tanks that have recently undergone testing and are compliant with current regulations. Four fuel pumps are in place and ready for operation. An existing building offers potential for expansion into a convenience store (C-Store), which could be integrated with the gas station operation or maintained as an independent entity. Branding opportunities are available for the C-Store. Note that adjacent to the property are fully leased storage units, though they are not included in this sale. This property presents a strong investment opportunity with potential for increased revenue through expansion or rebranding. The current month-to-month lease provides flexibility for the new owner. The recent tank testing ensures compliance and minimizes potential future expenses. The existing infrastructure and potential for expansion make this a compelling investment in a growing market. Financial details are available upon request.
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Flyers Gas Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
COM · Carlin, NVCarlin. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.