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    540 Sage Rd McDermitt, NV 89421

    For Sale
    $370,000

    7.75-acre commercial lot, potential mobile home park.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This 7.75-acre commercial property in McDermitt, Nevada, located at 540 Sage Rd, zip code 89421, presents a unique investment opportunity. Previously operating as an eight-unit manufactured home park, the land currently features six existing manufactured homes. One home is immediately rentable, while another double-wide requires repairs. Four additional homes are considered beyond repair. All eight units are connected to city water, sewer, and electricity, currently sharing a single meter. New ownership will require meter separation upon development. The property's potential for redevelopment makes it an attractive prospect for investors seeking a project with existing infrastructure. The asking price is $370,000. The Humboldt County location offers a chance to capitalize on the area's unique characteristics. This property is zoned for commercial use and offers significant potential for various development options. The substantial lot size provides ample space for expansion or diversification of the existing mobile home park or for alternative commercial ventures. Serious inquiries are encouraged to explore the full potential of this promising investment.

    Property Features for 540 Sage Rd

    General Information

    Property type
    Land
    Lot Size
    337,590 SF

    HighLights

    • $370,000 asking price.
    • 7.75‑acre lot.
    • Special purpose commercial land in McDermitt, Nevada.
    • Previously an 8‑unit mobile home park; currently contains 6 mobile homes, one rentable, one repairable, and four uninhabitable.
    • City water, sewer, and electricity are available; currently on a single meter.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McDermitt
    County
    Humbolt
    State
    Nevada
    Longitude
    -117.8876695
    Latitude
    41.9941914

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    FAQs

    What type of property is this?
    Land - 7.75-acre commercial lot, potential mobile home park.
    Where is this land located?
    The property is located at 540 Sage Rd McDermitt, NV.
    What is the asking price?
    The asking price for this property is $370,000.
    What are key features of this property?
    This property features: $370,000 asking price.; 7.75-acre lot.; Special purpose commercial land in McDermitt, Nevada.
    Request Owner's contact information
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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
    540 Sage Rd McDermitt, NV 89421
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