135 Magnolia Ave Tonopah, NV 89049
This exceptional mixed-use property, located at 135 Magnolia Ave in Tonopah, Nevada, presents a unique investment opportunity. The 4,300 square-foot building, situated on a 0.29-acre lot (APN 008-311-06), boasts commanding views of the city. Comprising two single-story buildings, the property features approximately 1,800 square feet of office space and 2,500 square feet of warehouse/distribution space. Recently renovated in 2024, the property is currently vacant and available for an owner/user. The asking price is $345,000, translating to $80.23 per square foot. The property is offered as a triple net (NNN) lease. Built in 1970, this property offers significant potential for a variety of uses. The seller is open to negotiating improvements to meet a buyer's specifications. The property is held by an LLC and is zoned for mixed-use purposes. This is a rare opportunity to acquire a well-located, recently renovated property in Tonopah, Nevada. The property's current NOI is $0, and the cap rate is 0.00%.
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.