You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
FOR SALE
Auto shops

651 N Mccarran Blvd Sparks, NV 89431

2,489 SF 0.55 ac lot Built 1987
Entity Owned Absentee Owner Free & Clear
Property ID
US62-0777647
Property summary
AI-generated overview

This exceptional investment opportunity presents a 2,489 square foot, single-tenant, absolute NNN leased Take 5 Oil Change property located at 651 N McCarran Blvd, Sparks, NV 89431. Situated on a 0.55-acre lot within a grocery-anchored shopping center, this property boasts a prime location along a vital regional thoroughfare at a bustling intersection. The building, constructed in 1987, is a single-story structure offering 100% occupancy with a strong, national tenant. The current lease features a remaining term of 15 years and includes built-in rent increases, ensuring consistent cash flow. The property generates a substantial net operating income (NOI) of $90,000, resulting in an attractive 5.56% cap rate. This represents a compelling investment in a thriving Sparks, Nevada market, benefiting from the state's tax-free status and a robust economy fueled by a growing tech sector. The property's absolute NNN lease structure minimizes landlord responsibilities, making it an ideal, low-maintenance investment. This is a rare opportunity to acquire a high-performing, established business in a desirable location with significant long-term growth potential. The asking price for this exceptional property is $1,620,000.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,489 SF
Lot 0.55 ac (23,937 SF)
Zoning code MUD
APN 033-152-30
UPID US62-0777647
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Take 5 Oil Change Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sparks Mccarran Blvd LLC
Sparks Mccarran Blvd LLC
since 2026
2 recorded transactions
2026
$1.4M
2022
Price N/A
Zoning & alternative use
MUD · Sparks, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message