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    Gina Way Silver Springs, NV 89429

    Sponsored
    For Sale
    $50,000

    5.09 Acres, Hwy 50 Access, Buildable

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.09-acre commercial land parcel presents a unique investment opportunity in Silver Springs, Nevada. Located near Highway 50, this property offers convenient access to major transportation routes, enhancing its commercial viability. The land is zoned RR3, providing flexibility for a variety of commercial development projects. With a total asking price of $50,000, the price per acre comes to $9,823.18, representing a compelling value proposition for investors seeking land in this desirable location. The property's address is 0 Gina Way, Silver Springs, NV 89429, and its APN is 01522337. Its proximity to Lake Lahontan adds significant recreational appeal, potentially attracting businesses catering to outdoor enthusiasts. The expansive acreage provides ample space for development, allowing for substantial buildable area. This property is ideal for entrepreneurs and developers looking to capitalize on the growing commercial landscape in the Silver Springs area. Serious inquiries are encouraged to explore the full potential of this remarkable land offering. The property is ready for your vision and development plans. Don't miss this chance to acquire a strategically located commercial land parcel with significant growth potential.

    Property Features for 0 Gina Way

    General Information

    Property type
    Land
    Lot Size
    221,720 SF

    HighLights

    • $50,000 asking price for 5.09 acres of commercial land.
    • Located in Silver Springs, NV, APN 01522337.
    • RR3 zoning.
    • $9,823.18 per acre land value.
    • Near Hwy 50, across from Lake Lahontan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Silver Springs
    County
    Lyon
    State
    Nevada
    Longitude
    -119.2785638
    Latitude
    39.4101256

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    FAQs

    What type of property is this?
    Land - 5.09 Acres, Hwy 50 Access, Buildable
    Where is this land located?
    The property is located at Gina Way Silver Springs, NV.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: $50,000 asking price for 5.09 acres of commercial land.; Located in Silver Springs, NV, APN 01522337.; RR3 zoning.
    Request Owner's contact information
    Gina Way 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
    Gina Way Silver Springs, NV 89429
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