20 Martin Dr Mound House, NV 89706-7467
- Industrial properties
- 7,832 SF
- 0.71 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 20 Martin Dr
- Year built
- 1973
- Lot size
- 0.71 lot acres
- Property size
- 7,832 SF
- Zone code
- M1
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- 016-243-10
- APU
- 1624310
Description
This 7,544-square-foot industrial warehouse, located at 20 Martin Drive in Mound House, Nevada, presents a compelling investment opportunity. Built in 1973 and renovated in 2006, the property sits on a 0.71-acre lot and is zoned M-1. The warehouse features a total of one suite, with 2,500 square feet currently vacant. This presents a unique chance to lease or occupy a portion of this well-maintained space. The available space is a free-standing 1,200 square-foot unit, ideal for various industrial uses. The property's location in Lyon County, Nevada, offers convenient access to major transportation routes, making it an attractive option for businesses needing efficient logistics. The property's APN is 016-243-10, and the zip code is 89706. This is a multi-tenant property offering flexibility for various business needs. The building's age and recent renovation suggest a balance of character and modern functionality. The significant vacant space provides ample opportunity for expansion or customization to suit specific operational requirements. Serious inquiries are encouraged to explore this promising industrial property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $325,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $405,000
- 6.5%
- $350,000
- 7%
- $375,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $375,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $315,000
- Retail
- $335,000
- Mixed-Use
- $405,000
- Hospitality
- $380,000
- Educational
- $345,000
- Residential Income
- $405,000
- Energy
- $365,000
- Income-Based Land
- $430,000
- Food Service
- $365,000
Location Insight
- Map
- Local Demand
- City
- Mound House
- County
- Lyon
- State
- Nevada
- Longitude
- -119.667
- Latitude
- 39.2122
- CBSA code
- 22280
- CBSA name
- FERGUS FALLS, MN MICROPOLITAN STATISTICAL AREA