1751 Orbit Way Minden, NV 89423
- Industrial properties
- 8.70 lot acres
Current Use by Public Records
- TeslaSolar Park / Solar Energy Company
Property Details for 1751 Orbit Way
- Year built
- 1984
- Lot size
- 8.70 lot acres
- Property type
- Industrial properties
- APN
- 1320-27-001-033
- APU
- 132027001033
Description
This exceptional 8.7-acre industrial property in Minden, Nevada, presents a prime development opportunity for investors and owner-users. Located at 1751 Orbit Way, this level and buildable lot boasts convenient access to major transportation routes. The property is zoned for industrial use and features existing utilities, including septic, city/county water, and electricity, eliminating the need for extensive infrastructure investment. A 2,421 square-foot existing building offers flexible space for various industrial uses, adaptable to specific operational needs. Enhancements include a gated entry on three sides, providing security and privacy, along with multiple potential access points. The property also features mature landscaping, including expansive grassy areas, and picturesque views of Buckeye Creek along its northern boundary. Note that approximately 2.5 acres in the northern portion are designated within the AE flood zone. On-site amenities include separate restroom facilities and a storage shed, adding to the property's functionality and convenience. This property offers a unique blend of industrial functionality and natural beauty, making it an ideal location for a variety of businesses. The APN is 1320-27-001-033. The asking price is $1,410,000, with a price per acre of $162,068.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $220,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $215,000
- 6.5%
- $210,000
- 7%
- $225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $230,000
- Geo Method
- $215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $205,000
- Retail
- $210,000
- Mixed-Use
- $210,000
- Hospitality
- $225,000
- Educational
- $245,000
- Residential Income
- $240,000
- Energy
- $240,000
- Income-Based Land
- $225,000
- Food Service
- $220,000
Location Insight
- Map
- Local Demand
- City
- Minden
- County
- Douglas
- State
- Nevada
- Longitude
- -119.722
- Latitude
- 38.9653
- CBSA code
- 23820
- CBSA name
- GARDNERVILLE RANCHOS, NV MICROPOLITAN STATISTICAL AREA