135 Magnolia Ave Tonopah, NV 89049
- Warehouses
- 4,300 SF
- 0.29 lot acres
Current Use by Public Records
- Warehouses
Property Details for 135 Magnolia Ave
- Lot size
- 0.29 lot acres
- Property size
- 4,300 SF
- Property type
- Warehouses
- Property subtype
- Specialty properties
Description
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.
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
- Tonopah
- County
- Nye
- State
- Nevada
- Longitude
- -117.225
- Latitude
- 38.0639
