Property profile

20 Martin Dr Mound House, NV 89706

OFF-MARKET
Industrial properties
Property ID
US62-0898466
7,832 SF 0.71 ac lot Built 1973
Entity Owned 11-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1973
Total area 7,832 SF
Lot 0.71 ac (30,928 SF)
Zoning code M1
APN 016-243-10
UPID US62-0898466

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

20 Martin Dr Mound House, NV 89706-7467
Mound House metro Census 960301 FERGUS FALLS, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2015
2 recorded transactions
2015
$346,000
2005
$140,000

Zoning & alternative use

M1 · Mound House, NV

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20 Martin Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message