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    Melanie Dr Dayton, NV 89403

    Sponsored
    For Sale
    $2,975,000

    54 Acres, E-1 Zoning, 125 Lots Approved

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 54.33-acre parcel presents a prime residential development opportunity in Dayton, Nevada. Located in the E-1 First Estates Residential District, the property boasts approved plans for 125 lots, each with a minimum size of 12,000 square feet. A tentative map is on file with Lyon County, streamlining the development process. The land is conveniently situated just off Highway 50, providing easy access and benefiting from an existing access easement. Its strategic location places it in the path of significant growth, a short drive from the Tahoe Reno Industrial Center (TRIC) via the new USA Parkway extension. This advantageous position offers proximity to established communities like Brookhaven and Lennar Homes' successful River Park Community. Dayton's affordability, coupled with its proximity to TRIC—a major job creator—and its location near Carson City (12 miles), Lake Tahoe (25 miles), and Reno (under 40 miles), makes this a highly attractive investment. The property's APN is 016-311-67, and the asking price is $2,975,000. This presents a unique chance to capitalize on the burgeoning residential market in this rapidly growing area of Nevada.

    Property Features for 0 Melanie Dr

    General Information

    Property type
    Land
    Lot Size
    2,366,615 SF

    HighLights

    • 54.33‑acre parcel in Dayton, NV's E‑1 First Estates Residential District, approved for 125 lots (minimum 12,000 sq ft each), with a tentative map on file with Lyon County.
    • Convenient Highway 50 access via existing easement.
    • Prime location near the Tahoe Reno Industrial Center (TRIC) via the new USA Parkway extension, adjacent to Brookhaven and Lennar's River Park Community.
    • Dayton offers affordability and proximity to Carson City (12 miles), Lake Tahoe (25 miles), and Reno (under 40 miles).
    • APN 016‑311‑67; Asking price: $2,975,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dayton
    County
    Lyon
    State
    Nevada
    Longitude
    -119.59215905397
    Latitude
    39.237001884805

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    FAQs

    What type of property is this?
    Land - 54 Acres, E-1 Zoning, 125 Lots Approved
    Where is this land located?
    The property is located at Melanie Dr Dayton, NV.
    What is the asking price?
    The asking price for this property is $2,975,000.
    What are key features of this property?
    This property features: 54.33-acre parcel in Dayton, NV's E-1 First Estates Residential District, approved for 125 lots (minimum 12,000 sq ft each), with a tentative map on file with Lyon County.; Convenient Highway 50 access via existing easement.; Prime location near the Tahoe Reno Industrial Center (TRIC) via the new USA Parkway extension, adjacent to Brookhaven and Lennar's River Park Community.
    (775) 741-4100
    Request Owner's contact information
    Melanie Dr Dayton, NV 89403
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    Dayton, NV 89403
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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
    Melanie Dr Dayton, NV 89403
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