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    Nv-375 Alamo, NV 89001

    For Sale
    $1,500,000

    Massive Nevada Land, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 847-acre property, located in Alamo, Nevada (zip code 89001), presents a unique investment opportunity. Situated on NV-375 in Lincoln County, this expansive land parcel boasts a Mixed Use zoning designation, opening doors to a variety of commercial and residential developments. The property includes significant water rights, totaling 2540 acre-feet annually, a crucial asset in this arid climate. Lincoln Estates is already platted into 0.5-acre, 1-acre, and 2.5-acre lots, simplifying development planning. The area is known for its abundant recreational opportunities, including extensive off-road trails, proximity to state parks (six in Lincoln County alone, two with stocked fishing lakes), and the nearby Great Basin National Park, featuring Mount Wilson. The location offers potential for recreational housing developments, capitalizing on the growing popularity of outdoor activities in Southern Nevada. Given that only 2% of Lincoln County is privately held, this represents a rare chance to acquire a substantial landholding in a region with vast federal lands and established recreational infrastructure. The asking price for this remarkable property is $1,500,000. This presents a compelling investment in a rapidly developing area with significant potential for future growth and appreciation. The property's size and zoning flexibility make it suitable for a wide range of commercial and residential projects.

    Property Features for 0 Nv-375

    General Information

    Property type
    Land
    Lot Size
    36,895,320 SF

    HighLights

    • $1,500,000 asking price.
    • 847‑acre land parcel.
    • Mixed‑use zoning.
    • 2,540 acre‑feet of annual water rights.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alamo
    County
    Lincoln
    State
    Nevada
    Longitude
    -115.837166
    Latitude
    37.667001

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    FAQs

    What type of property is this?
    Land - Massive Nevada Land, Mixed-Use Potential
    Where is this land located?
    The property is located at Nv-375 Alamo, NV.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price.; 847-acre land parcel.; Mixed-use zoning.
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    Nv-375 Alamo, NV 89001
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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
    Nv-375 Alamo, NV 89001
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