0 Lance St Cayuga Ave, Elko, NV 89801
This exceptional 2.25-acre commercial lot, located in Elko, Nevada (zip code 89801), presents a unique investment opportunity. Priced at $12,000, this property boasts a prime location with breathtaking 360-degree views encompassing the city, mountains, and valley. The lot is designated as AR-Ag Residential zoning (APN: 036034001) and offers a cleared, rolling topography suitable for various commercial ventures. Its convenient location near Elko makes it easily accessible. The land is naturally vegetated and is considered a corner lot. The property's square shape simplifies development planning. Buyers should independently verify all information and conditions. Additional features include adjacency to public land, suitability for mobile homes, and the potential for xeriscaping. Furthermore, the property is suitable for raising horses. This is a rare opportunity to acquire a sizable, versatile lot with exceptional views in a desirable location. Don't miss out on this chance to create your own oasis.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.