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    OFF-MARKET
    Land

    881 Hwy, Wells, NV 89835

    2.11 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.11-acre commercial property in Wells, Nevada, presents a unique investment opportunity. Located in the central I-80 Business Loop district, this fee-simple land boasts approximately 91,911 square feet and is zoned Tourist Commercial (TC), allowing for diverse commercial uses. The property includes two existing industrial/flex buildings totaling 4,284 square feet. Situated on Highway 40, it offers approximately 582 linear feet of frontage, providing excellent visibility and accessibility. The property's strategic location at the crossroads of I-80 and US Highway 93 makes it ideal for businesses serving the significant transportation traffic along these major thoroughfares. Previously occupied by a fleet-fueling facility, above-ground tank inspection forms are available. The property is in an Opportunity Zone and offers potential for ground lease or sale, with existing above-ground tanks potentially available for use. This prime location is near hotels, fueling stations, and fast-food restaurants, ensuring high visibility and convenient access for potential businesses. The property's zoning allows for general commercial, R-1, and R-2 uses, offering flexibility for various development plans. The parcel's location in Wells, a growing community, provides access to the thriving transportation industry in the region, connecting Salt Lake City, Reno, Northern California, Las Vegas, and cities throughout Idaho and Montana. The I-80/US 93 interchange is one of Nevada's busiest for fleet service transportation.

    Property profile
    Verified
    Property type Land
    Lot 2.11 ac (91,912 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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