1120 Industrial Rd Wells, NV 89835
Exceptional investment opportunity: a 13,200-square-foot warehouse situated on a sprawling 18.69-acre lot in Wells, Nevada. This single-story, 2007-built structure boasts a 16-20 foot ceiling height and is conveniently located off I-80 and US Highway 93, offering unparalleled access to major transportation arteries. The property features a clean steel building ready for immediate occupancy, complete with power, water, sewer, and two RDA-compliant bathrooms. Durable concrete floors are throughout. The MI-zoned lot provides ample space for expansion or additional storage, making it ideal for various industrial uses. The property's strategic location makes it an excellent choice for businesses focused on product distribution to the Western United States. The asking price is $1,400,000, translating to a price per square foot of $106.06. The property is currently vacant and offers the potential for lease/option arrangements with monthly rent at $5,500. The APN is 002-820-006. City paved streets provide easy access to this corner lot. The building is owned free and clear. Low power costs are an added benefit.
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
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Property description
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Risks
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