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Property profile & analytics
FOR SALE
Residential land & home lots

200 Raymond Rd Lovelock, NV 89419

Entity Owned 6-yr Hold
Property ID
US62-0496043
Property summary
AI-generated overview

12.99 AC Residential Land W/Subdivision Potential This 12.99 acres is located in the Upper Valley area of Lovelock, less than two miles northeast of the city limits. Zoned LDS (Low Density Suburban), which has a 2.5 acre lot size minimum. Adjacent property was previously divided into lots of under an acre, which may indicate higher density could be possible on this property. Just south of the Humboldt River to the north, and the Rogers Canal crosses through the southern portion of the property. Shallow groundwater table thanks to both of these water bodies in immediate proximity. Plant trees, tend a garden, dig a hole and make a pond? Lots of options here. North end of property slopes down toward the river and has lots of native trees and vegetation. Electric lines are on the property and the municipal water line is stubbed out near the property boundary. Septic required to build; sewer lines too far away to connect. Property has been surveyed with corners marked. Various historic roads/driveways exist to/on the property. Located in Lovelock, Nevada. Lovelock is located about 1.25 hours east of Reno, along the I-80 corridor between Fernley and Winnemucca. Development and employment activity has been increasing in recent years in Lovelock, as the seeds for one of Nevada's next boom towns are sowed. As population levels increase this may become very valuable property. Pershing County APN 007-281-19 GPS 40.195902, -118.445977 What3Words /// flourishes.affair.showdown

Property profile
Verified
Property type Residential land & home lots
UPID US62-0496043
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Pavilion Homes LLC · 6 yrs held
Pavilion Homes LLC
since 2019
5 recorded transactions
2019
$18,917
2019
$17,100
2019
Price N/A
2019
$17,100
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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