0 Spruce Ave Silver Springs, NV 89429
This exceptional 19.399-acre parcel, located in Silver Springs, Nevada, presents a unique opportunity for mixed-use development. The property boasts 845,064 square feet and is zoned for mixed-use purposes, offering considerable flexibility for a variety of projects. Situated on Spruce Ave, with convenient access via West Spruce Avenue, the land enjoys a prime location just off of Alternate US Route 95 and near the intersection of East Spruce Avenue. The property is served by the Silver Springs Mutual Water Company and includes valuable water rights totaling 15 acre-feet. This strategic location offers easy access to major transportation routes, with Reno, Nevada, approximately a 45-minute drive away, Sacramento under three hours, and Las Vegas within six hours. The property's APN is 015-211-03. This substantial land holding in Lyon County, Nevada (zip code 89429) presents a compelling investment prospect for developers seeking a versatile and well-located site. The latitude and longitude coordinates are 39.3899137, -119.2591465 respectively. Contact us for pricing and further details.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.