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    1985 9Th St Silver Springs, NV 89429

    Sponsored
    For Sale
    $1,200,000

    Residential Land, Excellent Location, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 40.01-acre parcel, located at 1985 W. 9th Street in Silver Springs, Nevada (APN 015-551-06), presents a unique opportunity for large-scale development. Zoned RR5, this property is ideal for a master-planned residential or commercial project. Its strategic location offers convenient access to key transportation arteries, including proximity to the Silver Springs Airport, the USA Parkway and Highway 50 interchange. The site is approximately 25 miles from the Tahoe-Reno Industrial Center and 40 miles from Carson City, providing easy access to a significant workforce and established infrastructure. Furthermore, ALT 95 A offers direct routes to Las Vegas and Southern California. This expansive land holding represents a compelling investment in a rapidly growing area of Nevada, offering significant potential for future appreciation and development returns. The asking price for this remarkable property is $1,200,000. Serious inquiries are encouraged.

    Property Features for 1985 9Th St

    General Information

    Property type
    Land
    Lot Size
    1,742,836 SF

    HighLights

    • 40.01‑acre parcel in Silver Springs, NV (APN 015‑551‑06), priced at $1,200,000.
    • Zoned RR5, suitable for large‑scale residential or commercial development.
    • Excellent access to major transportation arteries, including Silver Springs Airport, USA Parkway, and Highway 50.
    • Convenient proximity to Tahoe‑Reno Industrial Center and Carson City.
    • Direct access to Las Vegas and Southern California via ALT 95 A.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Silver Springs
    County
    Lyon
    State
    Nevada
    Longitude
    -119.2219398
    Latitude
    39.3312011

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    FAQs

    What type of property is this?
    Land - Residential Land, Excellent Location, Development Potential
    Where is this land located?
    The property is located at 1985 9Th St Silver Springs, NV.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 40.01-acre parcel in Silver Springs, NV (APN 015-551-06), priced at $1,200,000.; Zoned RR5, suitable for large-scale residential or commercial development.; Excellent access to major transportation arteries, including Silver Springs Airport, USA Parkway, and Highway 50.
    Request Owner's contact information
    1985 9Th St Silver Springs, NV 89429
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    Silver Springs, NV 89429
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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
    1985 9Th St Silver Springs, NV 89429
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