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Property profile & analytics
FOR SALE
Industrial land

2563 Precision Dr Minden, NV 89423

2.24 ac lot
Entity Owned 4-yr Hold Free & Clear
Property ID
US62-0847534
Property summary
AI-generated overview

This exceptional 2.24-acre commercial and industrial land parcel in Minden, Nevada, presents a remarkable development opportunity. Located at 2563 Precision Dr, Minden, NV 89423 (APN 1320-04-001-107), this property is zoned for industrial use and boasts existing underground infrastructure, verified by Resource Concepts, Inc. The asking price is $475,750. Detailed project plans are available, outlining the potential construction of two buildings totaling approximately 29,320 square feet, divisible into eleven suites. These plans envision a mix of flex units and single-use warehouses, catering to diverse business needs. The property's strategic location offers easy access to major transportation arteries, including Highways 395, 50, and I-580, providing seamless connectivity to South and North Lake Tahoe, Minden, Gardnerville, Carson City, Reno, and Dayton, as well as the Tahoe-Reno Industrial Center (TRIC). The property is part of a business park, and the associated Covenants, Conditions, and Restrictions (CCRs) are available for review. Importantly, there are no Community Improvement District (CID) charges until building commences. This is a unique chance to acquire a fully prepared site with significant development potential in a thriving Nevada location. The property offers declarant control.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 2.24 ac (97,574 SF)
APN 1320-04-001-107
UPID US62-0847534
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Wallport LLC · 4 yrs held
Wallport LLC
since 2022
2 recorded transactions
2022
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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