This exceptional 14.33-acre parcel, located at 1450 Mid Valley Blvd, Minden, NV 89423, presents a unique opportunity for commercial and industrial development. Situated within the Buckeye Industrial Park and designated a "Sierra Region Certified Site," this property significantly reduces development risk by providing comprehensive, up-to-date site information. The L-1 zoning permits a wide range of uses, including manufacturing, warehousing, office space, and research and development. Essential utilities are readily available, with sewer and water hookups confirmed ("Will Serve" from the Town of Minden), along with gas, electricity, and fiber optic access at street level. The land itself boasts a remarkably flat topography, with no areas exceeding a 15% slope, simplifying construction. Its strategic location offers significant advantages. The property is adjacent to the Buckeye Farm Agrihood, a substantial 2,218-unit residential and mixed-use development, and benefits from proximity to the soon-to-be-completed Muller Parkway, a major US-395 bypass scheduled for December 2024, significantly improving transportation access. The site is approximately two miles east of US Highway 395, providing easy access to Interstate 80 (40 miles north in Reno) and Reno Tahoe International Airport (less than one hour away). The Tahoe-Minden Airport (MEV), a large facility with two runways, is only two miles northwest. Commercial air freight is readily available via Reno Tahoe International Airport. The property's clear title, adequate infrastructure, and advantageous location in Nevada, a state with no corporate or personal income tax, make this an exceptional investment opportunity. Detailed information regarding potential site development challenges is available upon request.
Property Features for 1450 Mid Vly Blvd
General Information
Property type
Land
Lot Size
624,215 SF
HighLights
14.33‑acre parcel in Minden, NV's Buckeye Industrial Park, a Sierra Region Certified Site, minimizing development risk.
L‑1 zoning allows diverse uses including manufacturing, warehousing, and R&D.
Utilities including sewer, water, gas, electricity, and fiber optics are readily available.
Flat topography simplifies construction; no slopes exceed 15%.
Excellent location near US‑395, Muller Parkway (opening December 2024), Buckeye Farm Agrihood (2,218 units), and Reno‑Tahoe International Airport.
Clear title, and Nevada's tax‑friendly environment (no corporate or personal income tax).
Land - Prime Nevada industrial land, ready to build.
Where is this land located?
The property is located at 1450 Mid Vly Blvd Minden, NV.
What is the asking price?
The asking price for this property is $3,433,181.
What are key features of this property?
This property features: 14.33-acre parcel in Minden, NV's Buckeye Industrial Park, a Sierra Region Certified Site, minimizing development risk.; L-1 zoning allows diverse uses including manufacturing, warehousing, and R&D.; Utilities including sewer, water, gas, electricity, and fiber optics are readily available.
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1450 Mid Vly Blvd Minden, NV 89423
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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.
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
1450 Mid Vly Blvd Minden, NV 89423
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1450 Mid Vly Blvd, Minden, NV
Morgan Nevin
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1450 Mid Vly Blvd, Minden, NV
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1450 Mid Vly Blvd, Minden, NV
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to 1450 Mid Vly Blvd Minden, NV 89423
1450 Mid Vly Blvd, Minden, NV
Morgan Nevin
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