Property profile

1654 Hwy Minden, NV 89423

OFF-MARKET
Retail properties & Spaces
468 SF 1.13 ac lot
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Property summary

AI-generated overview

This exceptional value-add investment presents a rare opportunity in Minden, Nevada. The property encompasses two parcels totaling 1.13 acres with significant frontage on Highway 395, boasting daily traffic counts exceeding 25,000 vehicles. Currently, a thriving Human Bean QSR occupies one parcel, offering immediate cash flow. The second parcel, a 0.67-acre lot situated at the south end of the property, presents substantial development potential. All utilities are conveniently stubbed to this undeveloped land, simplifying future expansion or construction. The combined property features two buildings with a total square footage ranging from 468 to 1,541 square feet. The property is offered at $700,000 and is classified as a single-tenant, NNN lease retail investment. The property's location in central Minden, coupled with its high visibility and existing operational business, makes this a compelling investment prospect for those seeking a value-add opportunity in a prime Nevada location. The Assessor's Parcel Numbers (APN) are 1320-30-802-034 and 035. This is a turnkey opportunity with strong potential for increased revenue and return on investment.

Property profile

Verified
Property type Retail properties & Spaces
Total area 468 SF
Lot 1.13 ac (49,223 SF)

Cap rate & NOI

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

Location

1654 Hwy Minden, NV 89423
Minden 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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