Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Seneca Dr Stagecoach, NV 89429

    • Land
    • 8.37 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Seneca Dr

    Lot size
    8.37 lot acres
    Property type
    Land

    Description

    This 8.37-acre lot in Stagecoach, Nevada, offers a unique opportunity to escape the city while remaining close to numerous attractions. Located at 0 Seneca Drive, Lyon County, zip code 89429 (latitude 39.3495052, longitude -119.4422543), this property provides a blank canvas for your dream home, seasonal retreat, or investment property. Enjoy breathtaking 360-degree mountainous views in a tranquil neighborhood. The lot is conveniently situated just 23 minutes from Lake Lahontan and Historic Virginia City, and approximately 54 minutes from Reno and 50 minutes from Lake Tahoe. Electricity is available on-site

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Stagecoach
    County
    Lyon
    State
    Nevada
    Longitude
    -119.442
    Latitude
    39.3495

    Comparable in this City

    • Value Estimation by Request
      55.50 Acres

      9625 Hwy

      Land • 55.50 Acres
      9625 Hwy, Silver Springs, NV 89429
      View Details
    • Value Estimation by Request
      4.77 Acres

      6285 Elm St

      Land • 4.77 Acres
      6285 Elm St, Silver Springs, NV 89429
      View Details
    • Value Estimation by Request
      40.01 Acres

      1985 9Th St

      Land • 40.01 Acres
      1985 9Th St, Silver Springs, NV 89429
      View Details
    • Value Estimation by Request

      7125 Zuni Ln

      Land
      7125 Zuni Ln, Stagecoach, NV 89429
      View Details
    • Value Estimation by Request
      39.09 Acres

      00 Aspen St

      Land • 39.09 Acres
      00 Aspen St, Silver Springs, NV 89429
      View Details
    • Value Estimation by Request
      598.51 Acres

      Stallion Springs Cir

      Land • 598.51 Acres
      0 Stallion Springs Cir, Silver Springs, NV 89429
      View Details

    Similar Nearby for Sale

    • $3,200,000

      Stagecoach, NV Commercial Land

      321 Acres, Hwy 50 Frontage, Development Ready
      7125 Zuni Ln, Stagecoach, NV 89429
      View Details
    • $3,500,000
      10.00 Acres

      Silver Springs Residential Land

      10-Acre Multifamily Development Site
      3200 Opal Ave, Silver Springs, NV 89429
      View Details
    • $1,200,000
      40.01 Acres

      Prime Silver Springs Land - 40 Acres

      Residential Land, Excellent Location, Development Potential
      1985 9Th St, Silver Springs, NV 89429
      View Details
    • $65,000
      4.90 Acres

      Silver Springs Vacant Land Parcel

      Vacant land near USA Parkway with highway access.
      1420 E Antelope St, Silver Springs, NV 89429
      View Details
    • $34,900
      4.62 Acres

      Land Parcel Near Lahontan Park

      4.62 acre parcel near state lands and Lahontan Park.
      2400 Grouse St, Silver Springs, NV 89429
      View Details
    • Contact for pricing
      4.13 Acres

      Usable Land in Silver Springs

      4.13 acres of level land in Silver Springs, Nevada.
      3410 Fort Churchill St, Silver Springs, NV 89429
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Seneca Dr
    Stagecoach, NV 89429
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.