Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Parcel on Highway 50 Title is generated by Realmo AI

    1040 US-50, Silver Springs, NV 89429

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Centrally located 1.12-acre commercial parcel with highway access and utilities.

    Type:Land
    Added:
    Jun 24, 2021
    Days on Market:
    1809
    Last Refresh:
    May 19 at 9:39 pm

    Property Features for 1040 US-50

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Vicki Hone
    Vicki Hone

    Listing agent Vicki Hone License #NV B.1001173

    Listing office The Hone Company

    Listing date Jun 24, 2021

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of The Hone Company

    HighLights

    • Centrally located commercial parcel with easy access to Hwy 50 and great highway visibility.
    • Includes 1.12 acre feet of water, with additional water rights available.
    • Utilities available: Power and phone run across the parcel; municipal water in Ranchito; sewer in Hwy 50; natural gas in Elm.
    • High traffic count: Over 4,950 cars per day.
    • Potential for expansion: Adjacent parcels are also for sale to create up to 3+/- acres.
    • Proximity to key locations: One block from Silver Strike Casino; 1.5 miles east of the Silver Springs Airport; Half mile west of the Hwy 50/95A intersection.

    Overview

    This centrally located commercial parcel, totaling 1.12 acres, is accessed via a newly paved frontage road along Highway 50 and bordered to the north by Ranchito Drive. The property includes 1.12 acre feet of water, with additional water rights available separately. Power and phone lines run across the parcel. Municipal water is available in Ranchito, and sewer access is located on Highway 50. Natural gas is accessible on Elm Street to the west. Adjacent parcels are also available for sale, potentially creating a combined area of over 3 acres. The property is situated one block from the Silver Strike Casino, approximately 1.5 miles east of the Silver Springs Airport, half a mile west of the Highway 50/95A intersection, and 3 miles east of the USA Parkway/Highway 50 roundabout. It is also located close to Lake Lahontan, offering convenient access to Highway 50 and good highway visibility. The acreage reflects the adjustment after NDOT acquired frontage along the Highway 50 parcels for the frontage road. Traffic counts in 2020 exceeded 4,950 cars per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy Hotel & Motel Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Silver Springs
    County
    Lyon
    State
    Nevada
    Longitude
    -119.221886
    Latitude
    39.416776

    Nearby Similar for Sale

    • $999,999

      Silver Springs Commercial Development Opportunity

      5.58 acres of commercial land with highway frontage.
      3065 S Us Highway 95A, Silver Springs, NV 89429
      View Details
    • $194,000

      Silver Springs C1 Zoned Land

      Two C1-zoned lots totaling 6.01 acres near USA Parkway.
      3845 Twain 3840 US Hwy 50, Silver Springs, NV 89429
      View Details
    • $30,000

      Upslope Neighborhood Commercial Land

      4.24-acre C1 zoned parcel with elevated topography and views, positioned just off US 95A/50 for commercial usability.
      1580 Jean Street, Silver Springs, NV 89429
      View Details
    • $150,000

      Silver Springs Vacant Land

      4.77 acres of land with utilities in Silver Springs.
      9705 Via Segunda, Silver Springs, NV 89429
      View Details
    • $650,000
      5 SF

      Highway 95 Commercial/Industrial Land

      Eight lots with commercial and industrial zoning on Highway 95.
      3185 S Hwy 95 A, Silver Springs, NV 89429
      View Details
    • $195,000

      Silver Springs Commercial Land Opportunity

      Commercial land near USA Parkway with existing improvements and utilities.
      6500 Us Highway 95A, Silver Springs, NV 89429
      View Details
    • $325,000
      1,862 SF

      Highway Frontage Commercial Parcel

      Commercial land with highway frontage in Silver Springs, Nevada.
      1080 US-50, Silver Springs, NV 89429
      View Details
    • $75,000

      Commercial Land in Silver Springs

      4.46 acres of commercial land with development potential.
      1375 Ramsey Cutoff, Silver Springs, NV 89429
      View Details
    • $47,000

      Silver Springs Vacant Land Parcel

      Vacant C1-zoned land parcel in high-visibility Silver Springs area.
      5760 Esther Avenue, Silver Springs, NV 89429
      View Details
    • $45,000

      Commercial Parcel in Silver Springs

      1.04 acre commercial lot near Highway 50.
      5925 Anita Avenue, Silver Springs, NV 89429
      View Details
    • $79,000

      Residential Development Lot

      Large, leveled lot with street access, utilities nearby, and financing flexibility for new home builds.
      3195 Pueblo Street, Silver Springs, NV 89429
      View Details
    • $30,000

      Commercial Land in Silver Springs

      0.81 acre commercial property with easy access and power.
      1725 Hwy 95a, Silver Springs, NV 89429
      View Details

    FAQs

    What type of property is this?
    Commercial land - Centrally located 1.12-acre commercial parcel with highway access and utilities.
    Where is this commercial land located?
    The property is located at 1040 US-50 Silver Springs, NV.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: Centrally located commercial parcel with easy access to Hwy 50 and great highway visibility.; Includes 1.12 acre feet of water, with additional water rights available.; Utilities available: Power and phone run across the parcel; municipal water in Ranchito; sewer in Hwy 50; natural gas in Elm.
    (775) 691-1912 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Vicki Hone
    Vicki Hone
    Real Estate License ID: NV B.1001173
    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

    Thank You for Inquiry
    1040 US-50, Silver Springs, NV 89429
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!