Search
Highway Office Unit
For Sale
$340,000

1050 Us Highway 50, Silver Springs, NV 89429

Commercial Sale, Silver Springs, NV

Property Size1,152 SF
Lot Size0.40 Acres
Price / SF$295.14
Days on Market19

Property Features for 1050 Us Highway 50

General Information

Property type Commercial Sale
Property subtype Other
Zoning C2
Parking 10
Window features Double Pane Windows
Subdivision Silver Springs
Lot features Level
Directions US HWY 59
Standard status Active
APN 018-152-04
Size 1,152 SF
Lot size 0.40 Acres

Taxes and HOA fees

Tax Annual Amount 1211

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Natural Gas, Wall Furnace
Water source Public

Building Details

Year built 1995
Floors in Building 1
Number of units 1
Flooring type Carpet, Vinyl
Building materials Frame, Wood Siding
Roof type Shingle, Composition
Listing Agency: Haute Properties NV
Listed By: Mira Vega Rios · License #S.48501
Added: Aug 11 Changed: Aug 20 Last Checked: Aug 29 at 6:06AM
MLS# 260010432

Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This vacant office unit contains 1,152 square feet with one bathroom and a separate office area. The property can be remodeled for office or storefront use and features interior and exterior paint, carpet and vinyl flooring, frame construction with wood siding, and a shingle composition roof. Heating is provided by natural gas and a wall furnace.

Set along US Highway 50 near US Highway 95 in Silver Springs, the property is positioned across from casinos and close to existing businesses. The 0.4-acre parcel has public water, public sewer, and water available. Built in 1995, the property is zoned C2 and available for immediate occupancy.

Key Highlights

  • 1,152‑square‑foot vacant office unit on a 0.4‑acre parcel
  • C2 zoning supports the existing commercial property classification
  • Positioned along US Highway 50 near US Highway 95 in Silver Springs

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,364
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.99%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$407,280 $407.3K
Cap Rate 7%
$290,914 $290.9K
Cap Rate 9%
$226,267 $226.3K
Market Conditions
NOI Build-Up for 1,152 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$33.3K $28.92/SF
− Vacancy
−$6.2K −$5.35/SF
EGI
$27.2K $23.57/SF
− OpEx
−$6.8K −$5.89/SF
NOI
$20.4K $17.68/SF
Area
Lyon County, NV
Vacancy
18.50%
Lease Rate
$28.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$407,280
Cap Rate 7%
$290,914
Cap Rate 9%
$226,267

Alternative Uses

Best Use
Office B
$290.9K
$254.6K – $339.4K (±1% cap)
NOI $20,364 @ 7.0% cap · market cap 5.99%
Second Best
Retail
$208.3K
$182.2K – $243.0K (±1% cap)
NOI $14,578 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$355.0K
$310.7K – $414.2K (±1% cap)
NOI $24,852 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Bakery Pharmacy Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

89
Businesses Nearby

Demographics for 89429, NV

8,132
Population
3,737
Households
2.2
Avg Household Size
50
Median Age
13%
College-Educated
84%
High-School Grad
236.2 sq mi
ZIP Area
34
Density / Sq Mi
$60,661
Median Household Income
$38,374
Median Earnings
$1,237
Median Rent
$264,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Vacant commercial space with C2 zoning, public utilities, and office or storefront use potential.
Where is this office units located?
The property is located at 1050 Us Highway 50 Silver Springs, NV.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 1,152‑square‑foot vacant office unit on a 0.4‑acre parcel; C2 zoning supports the existing commercial property classification; Positioned along US Highway 50 near US Highway 95 in Silver Springs
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