Property profile

8230 Us-50 Silver Springs, NV 89429

OFF-MARKET
Retail properties & Spaces
2,866 SF 3.28 ac lot Built 1979
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 2,866-square-foot convenience store situated on a 3.28-acre lot in Silver Springs, Nevada. The property, located at 8230 US-50, boasts a prime location along Highway 50, offering high visibility and accessibility. Built in 1979 and renovated in 2010, the single-story building is zoned C2 (General Commercial District), allowing for a variety of commercial uses. The current tenant, Country Market, will vacate upon the closing of escrow, providing a blank canvas for a new owner-user or investor. The property's convenient location is a significant advantage, being only 5.8 miles from the south entrance roundabout of the Tahoe-Reno Industrial Center, a bustling area with an average daily traffic count of 5,100 vehicles. The ample lot size offers potential for expansion or future development. The Assessor's Parcel Number (APN) is 015-433-01. This property presents a rare chance to acquire a well-maintained commercial building in a strategic location with significant growth potential. The building's solid construction and recent renovation ensure a smooth transition for any new business. The high traffic count on US-50 guarantees substantial visibility and potential customer base. This is an ideal opportunity for an owner-user seeking a turnkey operation or an investor looking for a strong return on investment in a rapidly developing area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1979
Total area 2,866 SF
Lot 3.28 ac (142,877 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8230 Us-50 Silver Springs, NV 89429
Silver Springs metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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