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Property profile & analytics
OFF-MARKET
Land

0 Melanie Dr Dayton, NV 89403

54.33 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 54.33-acre parcel presents a prime residential development opportunity in Dayton, Nevada. Located in the E-1 First Estates Residential District, the property boasts approved plans for 125 lots, each with a minimum size of 12,000 square feet. A tentative map is on file with Lyon County, streamlining the development process. The land is conveniently situated just off Highway 50, providing easy access and benefiting from an existing access easement. Its strategic location places it in the path of significant growth, a short drive from the Tahoe Reno Industrial Center (TRIC) via the new USA Parkway extension. This advantageous position offers proximity to established communities like Brookhaven and Lennar Homes' successful River Park Community. Dayton's affordability, coupled with its proximity to TRIC—a major job creator—and its location near Carson City (12 miles), Lake Tahoe (25 miles), and Reno (under 40 miles), makes this a highly attractive investment. The property's APN is 016-311-67, and the asking price is $2,975,000. This presents a unique chance to capitalize on the burgeoning residential market in this rapidly growing area of Nevada.

Property profile
Verified
Property type Land
Lot 54.33 ac (2,366,615 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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