1625 Reservation Rd Lovelock, NV 89419
This exceptional 2,300-acre Nevada ranch presents a unique investment opportunity. Located in Pershing County near Lovelock (APN 011-032-74), this property boasts a rich history of successful agricultural production, including high-yield alfalfa (up to 5,600 tons annually), winter wheat, and corn. The ranch supports a thriving cattle operation, currently raising 150-500 certified Angus cattle. Significant water rights are a key asset, encompassing approximately 900 deeded water rights acres via a private dam and reservoir, with access to an additional 33,000+ water right acres in the valley. The property also includes an undivided interest in 868 acres and access to 37,000+ acres of summer grazing land. Two residences are situated on the main ranch, along with extensive irrigation infrastructure (7,800+ linear feet of canals and channels). The property is zoned ARE-40 and is offered at $16,500,000 ($11,380/acre). Detailed financial records are available for qualified buyers. This is a rare opportunity to acquire a highly productive and established agricultural and cattle ranch with substantial water resources in a desirable Nevada location. The sale is structured to accommodate a 1031 exchange.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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