Vacant Storefront with
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 Market110
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
(775) 688-4000
Source:
Ferrari-lund
Added: Jun 20
Changed: Oct 6
Last Checked: Oct 5 at 8:53PM
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.
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 / Yr
$20,364
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
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
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 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
NOI $20,364 @ 7.0% cap · market cap 5.99%
Second Best
Retail
$208.3K
$182.2K – $243.0K
NOI $14,578 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$355.0K
$310.7K – $414.2K
NOI $24,852 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
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
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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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
