Property summary
This exceptional 39.86-acre property in Elko, Nevada, presents a unique investment opportunity. Located on Lamoille Highway/South 5th Street, this land boasts prime visibility and accessibility. The property is zoned C1, R1, and R2, allowing for a diverse range of commercial and residential uses. The front section features commercial zoning, ideal for businesses seeking high-traffic exposure. The rear portion is zoned for manufactured homes, providing potential for residential development. Utilities are conveniently located adjacent to the property, simplifying development. The seller is proactively dedicating a portion of 9th Street to the City of Elko, further enhancing the property's value and potential. This versatile land parcel offers significant upside for both commercial and residential ventures, making it an attractive investment for entrepreneurs and developers alike. The property's APN is 001-740-011. This is a rare opportunity to acquire a large parcel of land with dual zoning in a desirable location. The asking price is $800,000.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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