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    1750 Manzanita Ln Elko, NV 89801

    Sponsored
    For Sale
    $900,000

    Versatile 5,000 sq ft commercial space, great income potential.

    Property size:
    5,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 5,000 square foot commercial building is situated in the heart of Elko, Nevada, on a 1.17-acre lot at 1750 Manzanita Lane. The property boasts a prime location and offers significant versatility for a wide range of business uses. Currently, a portion of the building (1,367 square feet) is leased to Elko County, with a lease agreement in place for two more years, providing a consistent stream of rental income. The building itself is constructed of brick and features ample parking with 19 spaces available. Inside, you'll find nine private offices, including two executive suites each equipped with their own private bathrooms. There's also a spacious open work area ideal for collaborative projects or larger teams. Adding to the property's functionality is a well-appointed storage shop complete with electricity, a convenient roll-up door, and a separate man door for easy access. This property presents a unique opportunity to acquire a well-maintained, income-producing commercial building in a thriving Elko location. The combination of existing lease income and the versatile layout makes this an attractive investment for both established businesses and entrepreneurs seeking a strong foothold in the Elko market. The property's size and features offer significant potential for expansion and customization to meet specific business needs.

    Property Features for 1750 Manzanita Ln

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,000 SF
    Lot Size
    50,965 SF

    Building Details

    Year Built
    1983
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Elko
    County
    Elko
    State
    Nevada
    Longitude
    -115.7471
    Latitude
    40.84673

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 5,000 sq ft commercial space, great income potential.
    Where is this commercial real estate located?
    The property is located at 1750 Manzanita Ln Elko, NV.
    What is the asking price?
    The asking price for this property is $900,000.
    (775) 738-4078
    Request Owner's contact information
    1750 Manzanita Ln Elko, NV 89801
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    Elko, NV 89801
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    Realmo Value Estimation

    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.

    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.

    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
    1750 Manzanita Ln Elko, NV 89801
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