105 Silicon Dr McCarran, NV 89434
This exceptional 5.04-acre parcel presents a compelling investment opportunity in the thriving Tahoe Reno Industrial Center. Strategically located just one mile from Interstate 80 and thirteen miles from Reno, Nevada, this industrially zoned (I) property offers unparalleled access to major transportation arteries. The land boasts 0.5 acre-feet of water rights, making it ideal for a wide range of industrial uses. Whether you're an owner-user seeking a prime location for your operations or a developer envisioning a new industrial project, this site is ready to accommodate your vision. Convenient access is provided via Silicon Drive and Waltham Way. Due diligence has already been completed, with an ALTA survey and Phase One Environmental Site Assessment readily available for review. Furthermore, detailed estimates for street and utility improvements are on hand to facilitate a seamless transition into development or immediate occupancy. The asking price is $1,866,110, translating to $11 per square foot of land value. This represents a significant opportunity to acquire a well-situated, fully prepared industrial property in a rapidly growing area. The property is located at 105 Silicon Dr, McCarran, NV 89434.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.