16 To 1 Ml Silver Peak, NV 89047
- Warehouses
- 27.50 lot acres
Current Use by Public Records
- Warehouses
Property Details for 16 To 1 Ml
- Lot size
- 27.50 lot acres
- Property type
- Warehouses
- Property subtype
- Office Properties & Spaces
Description
This exceptional 27.5-acre industrial property in Esmeralda County, Nevada, presents a unique investment opportunity. Located southwest of Tonopah in the Red Mountain Mining District, near Silver Peak (zip code 89047), this site boasts six existing structures totaling approximately 23,170 square feet. The buildings include a 3,280 square-foot warehouse, a 2,480 square-foot Quonset hut for storage, a 3,286 square-foot office building, a 1,600 square-foot lab, a 4,880 square-foot maintenance shop, and a substantial 7,644 square-foot mill building. Processing vats are also on-site. The property benefits from existing power via an NV Energy easement and transformer. A significant advantage is the inclusion of 19 acre-feet of dedicated water rights, a highly valuable asset in this region experiencing a boom in lithium mining operations. The property is zoned for General Commercial use and was originally a mill opened in 1982 to process ore for the Sixteen-to-One mine. This offering is priced well below replacement cost, making it an attractive proposition for investors seeking a versatile industrial site with significant potential in a rapidly developing mining area. The APN is 007-371-03.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Silver Peak
- County
- Esmeralda
- State
- Nevada
- Longitude
- -117.655
- Latitude
- 37.7618