2575 Alta Vis Dr Elko, NV 89801-4600
- Commercial real estate
- 21,180 SF
- 3.00 lot acres
Current Use by Public Records
- Sandvik / Mining Company / Construction Company
- Sandvik Mining and Rock Solutions / Mining Equipment / Construction Equipment Supplier
Property Details for 2575 Alta Vis Dr
- Year built
- 2011
- Construction
- FRAME
- Lot size
- 3.00 lot acres
- Property size
- 21,180 SF
- Zone code
- MULT
- Property type
- Commercial real estate
- APN
- 001-560-090
- APU
- 1560090
Description
This exceptional 21,180-square-foot flex space property in Elko, Nevada, presents a unique investment opportunity. Situated on a generous 3.37-acre lot conveniently located off Interstate 80, Exit 303, this single-tenant building boasts a blend of functional shop and office space, ideal for a variety of industrial and commercial uses. The property, built in 2011, features 14,970 square feet of shop space and 6,210 square feet of well-appointed office space. The office area includes a conference room, eleven individual offices, a training room, open workspace, break room, copy room, and ADA-compliant restrooms. The expansive shop area is equipped with three overhead cranes (two 10-ton and one 5-ton), three drive-through service bays with 20-foot overhead doors, and impressive 28-foot ceiling heights. Additional features include a parts sharpening room, an office area within the shop, locker/restroom facilities, and a 300-square-foot mezzanine training room. A significant advantage is the inclusion of an enclosed wash bay and covered storage area, both equipped with a separate antifreeze exterior system. Ample lay-down storage is secured by a six-foot security fence with top rail and three strands of barbed wire. The entire building is protected by a wet sprinkler system. The property includes 39 total parking spaces and has a 1600-amp power supply. The property's zoning is Industrial/Commercial, and its APN is 001-560-090 in Elko County, Nevada, zip code 89801. This property offers a compelling combination of space, functionality, and strategic location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,140,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,125,000
- 6.5%
- $4,435,000
- 7%
- $4,310,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,790,000
- Geo Method
- $4,175,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,315,000
- Retail
- $3,680,000
- Mixed-Use
- $4,280,000
- Hospitality
- $4,730,000
- Educational
- $4,415,000
- Residential Income
- $4,090,000
- Energy
- $4,850,000
- Income-Based Land
- $4,015,000
- Food Service
- $3,745,000
Location Insight
- Map
- Local Demand
- City
- Elko
- County
- Elko
- State
- Nevada
- Longitude
- -115.748
- Latitude
- 40.855
- CBSA code
- 21220
- CBSA name
- ELKO, NV MICROPOLITAN STATISTICAL AREA
