Mixed-Use Property with
For Sale
Contact for pricing
15 Us Highway 95A N, Yerington, NV 89447
Two buildings totaling 10,000 SF on 2.18 acres.
Property Size10,000 SF
Lot Size2.18 Acres
Price / SF$139.90
Days on Market1571
Property Features for 15 Us Highway 95A N
General Information
Standard status
Active
Size
10,000 SF
Lot size
2.18 Acres
Property subtype
Industrial
Zoning
M-1 & C-2
Building Details
Year Built
1970
Year Renovated
2008
Buildings
2
Stories
1
Units
2
Listing Agency:
Dickson Commercial Group
Listed By:
Peter Larsen · License #S.194204
(775) 762-5179
Source:
Crexi
Added: May 18, 2022
Changed: Aug 27
Last Checked: Sep 3 at 9:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dickson Commercial Group
Investment Insights
Based on property information with market context.
This 2.18-acre parcel features two buildings totaling 10,000 square feet, a loading dock, and an asphalt parking area. The property includes a 5,000-square-foot retail building, previously used as Silverado Mercantile and Stanislaus Farm Supply, which contains two fitting rooms, two bathrooms, and an office/IT room. Additionally, there is a 5,000-square-foot steel frame, open-span warehouse with bays, featuring three 12-foot roll-up doors and one 10-foot roll-up door. Both buildings were constructed in 1970 and remodeled in 2008. Located approximately one mile northwest of Yerington, in Mason Valley, Lyon County, to the east of US Highway 95A, the parcel is surrounded by retail, storage, warehousing, and farmland. A vacant lot is situated to the east, a propane supplier to the west, mini-storage to the north, and a local restaurant to the south. The parcel is split into two zones, M-1 and C-2. This commercial property offers generous parking, visibility, a loading dock, ample fenced yard space, and a warehouse area.
Key Highlights
- Two buildings totaling 10,000 SF (5,000 SF retail, 5,000 SF warehouse)
- 2.18 Acre parcel with M‑1 and C‑2 zoning
- Warehouse includes clear span bays with three 12’ roll‑up doors and one 10’ roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$126,542
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,530,840
$2.5M
Cap Rate 7%
$1,807,743
$1.8M
Cap Rate 9%
$1,406,022
$1.4M
Market Conditions
NOI Build-Up for 10,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$198.0K $19.80/SF
− Vacancy
−$17.2K −$1.72/SF
EGI
$180.8K $18.08/SF
− OpEx
−$54.2K −$5.42/SF
NOI
$126.5K $12.65/SF
Area
Lyon County, NV
Vacancy
8.70%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,530,840
Cap Rate 7%
$1,807,743
Cap Rate 9%
$1,406,022
Alternative Uses
Best Use
Retail
$1.81M
$1.58M – $2.11M
NOI $126,542 @ 7.0% cap · market cap 9.05%
Second Best
Mixed Use
$1.25M
$1.10M – $1.46M
NOI $87,750 @ 7.0% cap · market cap 6.27%
Theoretical Best
Office A
$3.08M
$2.70M – $3.60M
NOI $215,731 @ 7.0% cap · market cap 15.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Explore this area
Business Placement
Demographics for 89447, NV
8,305
Population
3,878
Households
2.1
Avg Household Size
47
Median Age
13%
College-Educated
82%
High-School Grad
853.8 sq mi
ZIP Area
10
Density / Sq Mi
$52,553
Median Household Income
$30,802
Median Earnings
$803
Median Rent
$243,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two buildings totaling 10,000 SF on 2.18 acres.
Where is this mixed-use property located?
The property is located at 15 Us Highway 95A N Yerington, NV.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Two buildings totaling 10,000 SF (5,000 SF retail, 5,000 SF warehouse); 2.18 Acre parcel with M‑1 and C‑2 zoning; Warehouse includes clear span bays with three 12’ roll‑up doors and one 10’ roll‑up door
