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Commercial Parcel on Highway 50
For Sale
$60,000

1040 Highway 50, Silver Springs, NV 89429

Centrally located 1.12-acre commercial parcel with highway access and utilities.

Property SizeContact for details
Days on Market1984

Property Features for 1040 Highway 50

General Information

Standard status Active
Property subtype Land
Listing Agency: Hone Company
Listed By: Vicki Hone · License #B.1001173
Source: Ferrari-lund
Added: Apr 2, 2021 Changed: Sep 5 Last Checked: Sep 5 at 9:28AM

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 Hone Company

Investment Insights

Based on property information with market context.

This centrally located commercial parcel, totaling 1.12 acres, is accessed via a newly paved frontage road along Highway 50 and bordered to the north by Ranchito Drive. The property includes 1.12 acre feet of water, with additional water rights available separately. Power and phone lines run across the parcel. Municipal water is available in Ranchito, and sewer access is located on Highway 50. Natural gas is accessible on Elm Street to the west. Adjacent parcels are also available for sale, potentially creating a combined area of over 3 acres. The property is situated one block from the Silver Strike Casino, approximately 1.5 miles east of the Silver Springs Airport, half a mile west of the Highway 50/95A intersection, and 3 miles east of the USA Parkway/Highway 50 roundabout. It is also located close to Lake Lahontan, offering convenient access to Highway 50 and good highway visibility. The acreage reflects the adjustment after NDOT acquired frontage along the Highway 50 parcels for the frontage road. Traffic counts in 2020 exceeded 4,950 cars per day.

Key Highlights

  • Centrally located commercial parcel with easy access to Hwy 50 and great highway visibility.
  • Includes 1.12 acre feet of water, with additional water rights available.
  • Utilities available: Power and phone run across the parcel; municipal water in Ranchito; sewer in Hwy 50; natural gas in Elm.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Bakery Pharmacy Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

77
Businesses Nearby

Demographics for 89429, NV

8,132
Population
3,737
Households
2.2
Avg Household Size
50
Median Age
13%
College-Educated
84%
High-School Grad
236.2 sq mi
ZIP Area
34
Density / Sq Mi
$60,661
Median Household Income
$38,374
Median Earnings
$1,237
Median Rent
$264,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Centrally located 1.12-acre commercial parcel with highway access and utilities.
Where is this commercial land located?
The property is located at 1040 Highway 50 Silver Springs, NV.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Centrally located commercial parcel with easy access to Hwy 50 and great highway visibility.; Includes 1.12 acre feet of water, with additional water rights available.; Utilities available: Power and phone run across the parcel; municipal water in Ranchito; sewer in Hwy 50; natural gas in Elm.
More about this property
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