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Vacant Storefront with Office
For Sale
$340,000

1050 Us Highway 50, Silver Springs, NV 89429

Vacant commercial space includes an office, bathroom, and interior and exterior paint.

Property Size1,152 SF
Price / SF$295.14
Days on Market11

Property Features for 1050 Us Highway 50

General Information

Standard status Active
Size 1,152 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1995
Listing Agency: Haute Properties NV
Listed By: Mira Vega Rios
Source: Ferrari-lund
Added: Aug 9 Changed: Aug 18 Last Checked: Aug 19 at 10:35AM

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 Haute Properties NV

Investment Insights

Based on property information with market context.

This 1,152 SF storefront property was built in 1995 and is currently vacant. The layout includes an office and one bathroom, while recent interior and exterior paint provide updated surfaces. The space is positioned for storefront or office use, subject to any required remodeling.

Located at 1050 US Highway 50 in Silver Springs, the property sits at the intersection of US Highway 50 and US Highway 95, across from the casinos and near existing businesses. Its highway setting provides direct access from surrounding areas.

Key Highlights

  • 1,152 SF storefront property built in 1995
  • Vacant space with an office and 1 bathroom
  • Interior and exterior paint completed

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

Storefront properties

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

77
Businesses Nearby
Well-served
Demand for This Use

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
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Frequently Asked Questions

What type of property is this?
Storefront property - Vacant commercial space includes an office, bathroom, and interior and exterior paint.
Where is this storefront property 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 SF storefront property built in 1995; Vacant space with an office and 1 bathroom; Interior and exterior paint completed
More about this property
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