This exceptional 124.71-acre commercial land parcel presents a unique investment opportunity in Storey County, Nevada. Located at 282 NV-341, Virginia City, NV 89521 (APN 00427171), this property offers significant potential for various commercial ventures. The land is zoned 091, as verified by the Assessor. The asking price is $470,000, translating to a price per acre of $3,768.74. Situated in a prime location, this expansive tract provides ample space for development and is ideally suited for a range of commercial uses, subject to local zoning regulations and permitting. The property's size and strategic location make it an attractive proposition for investors seeking a substantial land holding in a dynamic area. Detailed zoning information and permitted uses can be obtained from the relevant Storey County authorities. This offering represents a rare chance to acquire a significant land asset in a desirable Nevada location. Interested parties are encouraged to conduct their own due diligence to verify all information and assess the suitability of the property for their intended use. The coordinates are 39.3831391 latitude and -119.6499162 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.