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Property profile & analytics

424 Chestnut St Carlin, NV 89822

  • Commercial real estate
  • 538 SF
  • 0.20 lot acres
For Sale
Last Sale
Jun 21, 2022
$525,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US62-0919539
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Flyers / Gas Station

Property Details for 424 Chestnut St

Year built
1973
Lot size
0.20 lot acres
Property size
538 SF
Zone code
COM
Property type
Commercial real estate
APN
002-010-004
APU
2010004

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $565,000
    ML approach
    $495,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Carlin
County
Elko
State
Nevada
Longitude
-116.115
Latitude
40.7174
CBSA code
21220
CBSA name
ELKO, NV MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,175
$7,610
$52,641
$60,251
-
$21,743
$150,403
$172,146
More about this property
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