Property profile

135 Magnolia Ave Tonopah, NV 89049

OFF-MARKET
Retirement homes
4,300 SF 0.29 ac lot Built 1970
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Property summary

AI-generated overview

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%.

Property profile

Verified
Property type Retirement homes
Year built 1970
Total area 4,300 SF
Lot 0.29 ac (12,632 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

135 Magnolia Ave Tonopah, NV 89049
Tonopah metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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