881 Hwy Wells, NV 89835
- Land
- 2.11 lot acres
Current Use by Public Records
- Land
Property Details for 881 Hwy
- Lot size
- 2.11 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
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
- Wells
- County
- Elko
- State
- Nevada
- Longitude
- -114.961
- Latitude
- 41.1062