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

    1795 E Spruce Avenue Silver Springs, NV 89429

    View on Map
    Claim this Listing
    New
    For Sale
    $32,000

    LAND - Silver Springs, NV

    Lot size:
    2.68 Acres
    Added:
    Apr 30, 2026
    Days on Market:
    2
    Last Refresh:
    May 1 at 5:06 pm

    Property Features for 1795 E Spruce Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    M1
    Standard status
    Active
    APN
    018-532-01
    Lot size
    2.68 Acres

    Taxes and HOA fees

    Tax Annual Amount
    145

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Eric Gothan
    Eric Gothan

    Listing agent Eric Gothan License #BS.2214

    Listing office Sierra Nevada Properties-Fallo 945 W WIlliams, Reno, NV

    Listing date Apr 30, 2026

    MLS# 260005404 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

    Silver Springs Industrial Corner Lot

    This 2.68-acre parcel, zoned M1 industrial, is located on a corner lot in Silver Springs, Nevada. Power is located nearby. The property may require a well for development. Railroad tracks are situated across the road from the property, potentially making this an ideal location for storage units or a container yard.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Real Estate Agency Auto Repair Shop Pharmacy Big Box & Wholesale Store Food Market Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Silver Springs
    County
    Lyon
    State
    Nevada
    Longitude
    -119.2446879
    Latitude
    39.3902855

    Nearby Similar for Sale

    • $35,000

      Silver Springs Commercial Land Parcel

      4.24-acre commercial land with views in Silver Springs, NV.
      1580 Jean Street, Silver Springs, NV 89429
      View Details
    • $1,199,000

      Prime Commercial Land Opportunity

      5.58 acres with highway frontage in Silver Springs, NV.
      3065 S Us Highway 95A, 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
    • $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
    • $41,000

      Silver Springs Land Parcel

      4.77-acre parcel in Silver Springs, Nevada, offers peaceful seclusion.
      3290 E 6th 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
    • $43,000

      Silver Springs Land with Views

      2.17-acre parcel with lake and mountain views.
      1650 Sky View Drive, Silver Springs, NV 89429
      View Details
    • $43,000

      Land with Lake Lahontan Views

      2.02-acre parcel near USA Parkway employment corridor.
      1655 Sky View Drive, Silver Springs, NV 89429
      View Details
    • $44,900

      Nevada Land with Mountain Views

      4.77-acre lot in Silver Springs, NV, with RR3T zoning.
      3720 Lemon Street, Silver Springs, NV 89429
      View Details
    • $28,500

      Expansive Land Parcel in Nevada

      4.62-acre parcel near Lahontan Lake, ideal for recreation.
      4150 E 2nd Street, Silver Springs, NV 89429
      View Details
    • $74,999

      Cleared Lot in Silver Springs

      Cleared 0.34 acre lot with utilities in Silver Springs.
      1060 Donner Trail, Silver Springs, NV 89429
      View Details
    • $57,500

      Land in Silver Springs, NV

      4.62 acres of fenced land with existing gates.
      4785 E 1st Street, Silver Springs, NV 89429
      View Details

    FAQs

    What type of property is this?
    Industrial land - M1 zoned industrial land suitable for storage or container yard.
    Where is this industrial land located?
    The property is located at 1795 E Spruce Avenue Silver Springs, NV.
    What is the asking price?
    The asking price for this property is $32,000.
    What are key features of this property?
    This property features: Zoned M1 Industrial: Suitable for a wide range of industrial uses; Corner Lot: Offers increased visibility and accessibility; Ideal Location for Storage/Container Yard: Railroad tracks across the road facilitate these uses
    (775) 240-1533
    We can help!
    Listing Contact
    Eric Gothan
    Eric Gothan
    Real Estate License ID: BS.2214
    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

    Thank You for Inquiry

    1795 E Spruce Avenue, 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!