Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land Near Smith's Grocery Title is generated by Realmo AI

    901 N Alpine Street, West Wendover, NV 89883

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - West Wendover, NV

    Lot size:
    0.51 Acres
    Added:
    Jul 18, 2025
    Days on Market:
    313
    Last Refresh:
    May 26 at 6:06 pm

    Property Features for 901 N Alpine Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    CornerLot, FullyFenced
    Fencing
    Fenced
    Standard status
    Active
    APN
    010-701-021
    Lot size
    0.51 Acres

    Taxes and HOA fees

    Tax Annual Amount
    859

    We can help!

    Listing Contact
    Joe Brown

    Listing agent Joe Brown License #S.0195641

    Listing office Coldwell Banker Commercial Excel 700 Idaho Street, Elko, NV

    Listing date Jul 18, 2025

    MLS# 3626624 Listing URL

    Copyright © 2026 Elko County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location directly behind key businesses including Smiths Grocery Store, Nevada State Bank, and The Plaza West Wendover.
    • Zoned Commercial C‑1, offering diverse business opportunities.
    • Great access for customers and deliveries.
    • Power available on the property.
    • Water and sewer available at the street.
    • Corner lot with full fencing.

    Overview

    This commercial land parcel is located in West Wendover, Nevada, directly behind Smith's Grocery Store, Nevada State Bank, and The Plaza West Wendover. The property is zoned Commercial C-1 and has power on site. City water and sewer are available at the street. The intended use of the property includes parking lots, businesses, storage, and development, all of which must be approved. The lot size is 0.51 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    West Wendover
    County
    Elko
    State
    Nevada
    Longitude
    -114.0797627
    Latitude
    40.7392601

    Nearby Similar for Sale

    • $399,000
      3,540 SF

      West Wendover Multi-Tenant Commercial Property

      Income-producing commercial property with diversified tenant mix and upside potential.
      885 PUEBLO Boulevard N, West Wendover, NV 89883
      View Details
    • $260,000

      Commercial Lot in High-Traffic Area

      High-visibility commercial lot ideal for retail or service development.
      PUEBLO BLVD, West Wendover, NV 89883
      View Details
    • $140,000

      West Wendover Commercial Parcel For Sale

      1.28-acre commercial parcel in prime West Wendover location.
      1890 Pueblo Boulevard, West Wendover, NV 89883
      View Details
    • $156,816

      Development-Ready Land in West Wendover

      30-acre project with completed roads and utilities in West Wendover.
      WENDOVER BLVD, West Wendover, NV 89883
      View Details
    • $1,067,000
      2,490 SF

      Retail Building with Leaseback

      2,490 SF retail building in West Wendover, Nevada for sale.
      900 N Alpine St, West Wendover, NV 89883
      View Details
    • $550,000

      West Wendover R-2 Zoned Land

      21.79-acre R-2 parcel suitable for multi-family development.
      SEC 17 TWP 33N RGE 70E MDB&M, West Wendover, NV 89883
      View Details
    • $100,000

      West Wendover Fenced Corner Lot

      10.86-acre lot with utilities in place, ready to build.
      376 G Street, West Wendover, NV 89883
      View Details
    • $75,000

      Commercial Lot in West Wendover

      0.5-acre commercial lot near homes and businesses.
      N Butte Street, West Wendover, NV 89883
      View Details
    • $55,000

      Residential Lot Near Golf Course

      Residential lot in West Wendover near Toana Vista Golf Course.
      3000 Fairway View Drive, West Wendover, NV 89883
      View Details
    • $55,000

      Residential Lot Overlooking Golf Course

      Residential lot in a growing neighborhood near a golf course.
      2928 Fairway View Dr, West Wendover, NV 89883
      View Details
    • $70,000
      9,000 SF

      West Wendover Night Club Opportunity

      Night club and event venue with fixtures and equipment included.
      1870 Plateau Street, West Wendover, NV 89883
      View Details
    • $70,000

      West Wendover Fenced Land Parcel

      1.38-acre fenced corner lot suitable for horses or agriculture.
      7TH Street, West Wendover, NV 89883
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land parcel behind Smith's Grocery in West Wendover, NV.
    Where is this commercial land located?
    The property is located at 901 N Alpine Street West Wendover, NV.
    What are key features of this property?
    This property features: Prime location directly behind key businesses including Smiths Grocery Store, Nevada State Bank, and The Plaza West Wendover.; Zoned Commercial C‑1, offering diverse business opportunities.; Great access for customers and deliveries.
    (775) 777-5311
    We can help!
    Listing Contact
    Joe Brown
    Real Estate License ID: S.0195641
    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
    901 N Alpine Street, West Wendover, NV 89883
    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!