Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Hwy. 400 Imlay, NV 89418

    View on Map
    Claim this Listing
    For Sale
    $399,000

    LAND - Imlay, NV

    Lot size:
    640.00 Acres
    Added:
    Nov 21, 2025
    Days on Market:
    144
    Last Refresh:
    Apr 14 at 9:06 pm

    Property Features for Hwy. 400

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AMR
    Standard status
    Active
    APN
    01208002
    Lot size
    640.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    763

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Tamara Nordmeyer
    Tamara Nordmeyer

    Listing agent Tamara Nordmeyer License #B.145241

    Listing office Cowboy Country Realty 458 W Winnemucca Blvd., Winnemucca, NV

    Listing date Nov 21, 2025

    MLS# 250058506 Listing URL

    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.

    Overview

    640 Acres in Imlay, Nevada

    This 640-acre section is located in Pershing County, Imlay, Nevada. Zoned AMR, the parcel is located on Hwy 400 and features frontage on both sides of the highway. The property is approximately 12 minutes from Hwy 80 and two hours from Reno International Airport. Paved road access is available to the property. The land offers mountain views and is home to wild horses, antelope, and open range cattle. The property is subdividable, offering endless opportunities. Coordinates are available upon request. All information should be verified with the Pershing County Building and Planning Department.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Imlay
    County
    Pershing
    State
    Nevada
    Longitude
    -117.984
    Latitude
    40.601

    Nearby Similar for Sale

    • $20,000

      Imlay, NV Commercial Land Parcel

      High-visibility commercial land with freeway exposure and frontage road access.
      Frontage Road, Imlay, NV 89418
      View Details
    • $160,000

      Nevada Land with Mountain Views

      9.27 acre property in Imlay, NV with mountain views.
      100 Prince Royal Road, Imlay, NV 89418
      View Details
    • $32,000

      Imlay, NV Open Country Land

      43 acres of raw land near Imlay and Mill City.
      00827022 W Star Peak Rd, Imlay, NV 89418
      View Details
    • $40,000

      40 Acres Open Country Land

      40.06+- acres near Imlay and Mill City, Nevada.
      00827021 E Star Peak Rd, Imlay, NV 89418
      View Details
    • $24,000

      Imlay, NV Land For Sale

      24.22 acres of raw land near mountains and BLM land.
      00827023 W Star Peak Rd, Imlay, NV 89418
      View Details
    • $250,000

      Imlay, NV Commercial Property

      Commercial property off I-80 in Imlay, Pershing County, NV.
      955 E Frontage Road, Imlay, NV 89418
      View Details
    • $25,000

      Nevada Land with Mountain Views

      High-desert parcel with privacy and expansive valley views.
      00841005 State route 400, Imlay, NV 89418
      View Details
    • $140,000

      160 Acres Near Highway 80

      160 acres near Highway 80 outside of Winnemucca, Nevada.
      160 Acres Dun Glen Rd, Imlay, NV 89418
      View Details
    • $240,000

      240 Acres Raw Land Imlay

      240+- acres raw land ready for development in Imlay, Nevada.
      Frontage Rd, Imlay, NV
      View Details
    • $65,000

      Imlay, NV Land For Sale

      Almost 40 acres on the I-80 corridor in Imlay, NV.
      T32 Sec 27, Imlay, NV 89418
      View Details
    • $65,000

      Imlay, NV 80-Acre Land Parcel

      80-acre parcel near Imlay, offering space and privacy.
      Highway 400, Imlay, NV 89418
      View Details
    • $7,000

      5-Acre Parcel in Imlay, NV

      5-acre parcel with Humboldt River and mountain views.
      T32 R33 Sec 22, Imlay, NV 89418
      View Details

    FAQs

    What type of property is this?
    Land - Large parcel with highway frontage and mountain views.
    Where is this land located?
    The property is located at Hwy. 400 Imlay, NV.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Large 640‑acre parcel zoned AMR with subdivision potential.; Highway frontage on both sides of Hwy 400 and paved road access.; Close proximity to Hwy 80 (approximately 12 minutes).
    (775) 870-3240
    We can help!
    Listing Contact
    Tamara Nordmeyer
    Tamara Nordmeyer
    Real Estate License ID: B.145241
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!