540 Sage Hts Rd McDermitt, NV 89421
- Commercial real estate
- 5,118 SF
- 7.75 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 540 Sage Hts Rd
- Year built
- 1971
- Lot size
- 7.75 lot acres
- Property size
- 5,118 SF
- Property type
- Commercial real estate
Description
This exceptional 7.75-acre commercial property located at 540 Sage Heights Rd, McDermitt, Nevada, presents a unique investment opportunity. The property boasts a total of 5,118 square feet and previously operated as an eight-unit manufactured home park. Currently, six manufactured homes remain on the site. One is immediately rentable, offering potential for immediate income generation. A double-wide unit requires repairs, while the remaining four are considered to have no value. All eight units are connected to city water, sewer, and electricity, currently sharing a single meter. This shared meter will require modification upon transfer of ownership, providing an opportunity for the new owner to customize utility services. The property's substantial acreage and existing infrastructure offer significant potential for redevelopment and expansion, making it an attractive prospect for investors seeking a project with upside. The asking price is $370,000. This property is being sold "as is." The buyer is responsible for conducting their own due diligence and obtaining all necessary permits and approvals for any future development or renovations. This is a prime opportunity to acquire a sizable commercial parcel in a growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McDermitt
- County
- Humbolt
- State
- Nevada
- Longitude
- -117.711
- Latitude
- 41.991