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    1040 Us-50 Silver Springs, NV 89429

    Sponsored
    For Sale
    $60,000

    Prime Commercial Land, Hwy 50, Nevada

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This 1.12-acre commercial parcel is ideally situated on US Highway 50 in Silver Springs, Nevada, offering exceptional visibility and accessibility. The property boasts a convenient location, just one block from the Silver Strike Casino, 1.5 miles east of Silver Springs Airport, and within easy reach of the Hwy 50/95A intersection and the US Parkway/Hwy 50 roundabout. Enjoy excellent highway visibility with over 4,950 cars passing daily (2020 data). The land is zoned C2 and benefits from full utilities, including power and phone lines running across the property. Municipal water is available in Ranchito, sewer access is on Hwy 50, and natural gas is accessible in the nearby Elm area. This parcel includes 1.12 acre-feet of water, with additional water rights available for separate purchase. A new paved frontage road along Hwy 50 provides convenient access, and the property is bordered by Ranchito Drive to the north. Adjacent parcels are also for sale, allowing for expansion up to 3+ acres. The listed acreage reflects the land area after Nevada Department of Transportation (NDOT) acquired frontage for a new road. This presents a unique opportunity for commercial development in a high-traffic area near Lake Lahontan. The asking price is $60,000. APN: 01816217.

    Property Features for 1040 Us-50

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Silver Springs
    County
    Lyon
    State
    Nevada
    Longitude
    -119.22962878182
    Latitude
    39.414517014348

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Hwy 50, Nevada
    Where is this land located?
    The property is located at 1040 Us-50 Silver Springs, NV.
    What is the asking price?
    The asking price for this property is $60,000.
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    1040 Us-50 Silver Springs, NV 89429
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    Silver Springs, NV 89429
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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
    1040 Us-50 Silver Springs, NV 89429
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