135 Magnolia Ave Tonopah, NV 89049
This exceptional Tonopah, Nevada property, located at 135 Magnolia Ave, offers 4,300 square feet of versatile space across two buildings on a 0.29-acre lot (APN 008-311-06). The main warehouse building boasts 2,500 square feet with a solid cement floor, perfect for heavy loads. A separate mobile building provides ideal office space. Recently renovated in 2024, the property is currently vacant and presents a unique opportunity for various uses, including office/warehouse, distribution, or climate-controlled storage. The asking price is $345,000 ($80.23/sq ft). The property enjoys commanding views of Tonopah and is zoned for mixed-use purposes. The seller is open to negotiating further improvements. This is a single-story property owned by an LLC. While the current NOI is $0 and the cap rate is 0.00%, the potential for strong returns is significant given the property's location and recent renovations.
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
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.