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Property profile & analytics
FOR LEASE
Industrial properties

101 Evans Ave Dayton, NV 89403

144,761 SF 11.73 ac lot Built 1987
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US62-0862164
101 Evans Ave, Dayton, NV 89403 For Lease
$10,990,000 144,761 SF available
101 Evans Ave, Dayton, NV 89403
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Property summary
AI-generated overview

This exceptional industrial property in Dayton, Nevada, offers a ±144,761 square foot manufacturing and warehouse building situated on approximately 11.73 acres. The property is available for sale or lease under a NNN lease structure, with an asking price of $15,900,000 ($109.83/SF). The building boasts a 26-foot ceiling height, two loading docks, and three dock-high doors. It features new LED lighting throughout and substantial power capacity (4,000 amps). The ME zoning permits a wide range of industrial uses. A significant advantage is the adjacent ±10.72 acres, already permitted for an additional ±173,600 square foot building, offering substantial expansion potential. The location is highly desirable, offering proximity to Dayton Airpark airstrip and a strong labor market. Neighboring tenants include established businesses such as Webstaurant, Ozark Materials, Carboline, and Sylvan America. Furthermore, the property enjoys convenient access to the Tahoe Reno Industrial Center, located approximately 45 minutes away. This presents a unique opportunity to acquire a well-located, fully functional industrial facility with significant expansion capabilities, offered at a price well below replacement cost.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1987
Total area 144,761 SF
Lot 11.73 ac (510,959 SF)
Zoning code ME
APN 016-364-25
UPID US62-0862164
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$11.20M
CAP Approach CAP
$13.78M
Comparable Approach Comparable
$10.63M
Blend (final) Blend
$10.99M
Owner & transaction history
Nv Evans Gprv Partners 32 LLC · 4 yrs held
Nv Evans Gprv Partners 32 LLC
since 2021
Last sale
$9.0M
6 recorded transactions
2021
$9.0M
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
ME · Dayton, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $13.9M +3.6%
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