Property profile

881 Hwy Wells, NV 89835

OFF-MARKET
Land
2.11 ac lot
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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

Location

881 Hwy Wells, NV 89835
Wells metro
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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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