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    6995 Us-50 Dayton, NV 89403

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    For Sale
    Contact for pricing

    38 Acres, 292 Units Possible

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 38.29-acre parcel in Dayton, Nevada, presents a prime opportunity for multifamily development. Zoned PUD, it's approved for approximately 292 apartment units, along with five acres designated for retail development. Ideally situated on US-50, this site boasts high visibility and convenient access. The property's location offers easy commutes to both Carson City (approximately 11 minutes) and the Tahoe Reno Industrial Center (approximately 40 minutes), catering to a growing commuter population. Dayton's housing demand is high, fueled by recent economic growth, including the opening of a large WebstaurantStore distribution center, creating significant employment opportunities. Nearby amenities include Riverview Elementary School, Carson Plains Casino, Carson River, and the Dayton Valley Golf Course. Flexible site designs are available, making this a highly attractive investment in a thriving Nevada community. The property's APN is 016-025-33. This ready-to-develop land offers significant potential for substantial returns. The site presents a unique opportunity to capitalize on the increasing demand for housing and commercial space in the Dayton area.

    Property Features for 6995 Us-50

    General Information

    Property type
    Land
    Lot Size
    1,667,912 SF

    HighLights

    • 38.29‑acre parcel approved for 292 apartment units and 5 acres of commercial space.
    • PUD zoning allows for flexible site designs.
    • Convenient access to US‑50, close to Tahoe Reno Industrial Center.
    • High‑demand housing area with strong employment growth.
    • Prime Dayton, NV location near amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dayton
    County
    Lyon
    State
    Nevada
    Longitude
    -119.5073041
    Latitude
    39.3067051

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    FAQs

    What type of property is this?
    Land - 38 Acres, 292 Units Possible
    Where is this land located?
    The property is located at 6995 Us-50 Dayton, NV.
    What are key features of this property?
    This property features: 38.29-acre parcel approved for 292 apartment units and 5 acres of commercial space.; PUD zoning allows for flexible site designs.; Convenient access to US-50, close to Tahoe Reno Industrial Center.
    (775) 356-6118
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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
    6995 Us-50 Dayton, NV 89403
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