0 Melanie Dr Dayton, NV 89403
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.