Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    29 Hillside Dr Mound House, NV 89706-7442
    Back to Search
    Property profile & analytics

    29 Hillside Dr, Mound House, NV 89706-7442

    View on Map
    • Industrial properties
    • 5,700 SF
    • 2.40 lot acres
    Off-Market
    Last Sale Oct 29, 2024
    $850,000
    Property ID
    US62-0866641
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $850,000
    Show details
    Cap Rate Potential
    4.1%
    Industrial properties
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 29 Hillside Dr

    Year built
    1984
    Lot size
    2.40 lot acres
    Zone code
    M1
    Property type
    Industrial properties
    APN
    019-071-04
    APU
    1907104

    Description

    This exceptional industrial property, located at 29 Hillside Drive in Mound House, Nevada, presents a significant opportunity. Situated in Lyon County, zip code 89706, this property offers a substantial land area ideal for various industrial uses. The property is classified as both industrial and land, with a warehouse subtype, making it suitable for a range of development projects. The precise dimensions and specifics of the land parcel are not currently available, however, the location offers excellent access to transportation routes, making it strategically advantageous for logistics and distribution businesses. The asking price for this property is currently listed as $0, indicating a potential opportunity for negotiation. Further details regarding zoning regulations, utility access, and environmental assessments are available upon request. This property is an excellent investment for those seeking a large-scale industrial development site in a rapidly growing area of Nevada. Interested parties are encouraged to conduct their own due diligence to fully assess the potential of this unique opportunity. The property's latitude and longitude coordinates are 39.2125557 and -119.6617205 respectively. This prime location offers significant potential for future growth and development.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $850,000
      ML approach
      $850,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $590,000
      6.5%
      $540,000
      7%
      $505,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $565,000
      OFFICE BUILDING
      $545,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mound House
    County
    Lyon
    State
    Nevada
    Longitude
    -119.662
    Latitude
    39.2125
    CBSA code
    22280
    CBSA name
    FERGUS FALLS, MN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,754
    $41,347
    $38,560
    $79,907
    -
    $118,135
    $110,170
    $228,305

    Comparable in this City

    • Value Estimation by Request
      1.30 Acres

      45 Industrial Pkwy

      INDUSTRIAL (GENERAL)
      45 Industrial Pkwy, Carson City, NV 89706
      View Details
    • Value Estimation by Request
      19,260 SF

      2001 Arrowhead Dr, Unit 10

      INDUSTRIAL (GENERAL)
      2001 Arrowhead Dr, Carson City, NV 89706-0403
      View Details
    • Value Estimation
      $990,000
      44,400 SF

      18 Miles Rd

      INDUSTRIAL (GENERAL)
      18 Miles Rd, Mound House, NV 89706-6728
      View Details
    • Value Estimation
      $990,000
      44,400 SF

      18 Miles Rd

      INDUSTRIAL (GENERAL)
      18 Miles Rd, Mound House, NV 89706-6728
      View Details
    • Value Estimation
      $990,000
      44,400 SF

      18 Miles Rd

      INDUSTRIAL (GENERAL)
      18 Miles Rd, Mound House, NV 89706-6728
      View Details
    • Value Estimation
      $930,000
      44,400 SF

      18 Miles Rd

      INDUSTRIAL (GENERAL)
      18 Miles Rd, Mound House, NV 89706-6728
      View Details

    Similar Nearby for Sale

    • $1,700,000
      2.43 Acres

      Carson City Industrial Land

      2.427 Acres, Prime Location, I-580 Visibility
      0 Research Way, Carson City, NV 89706
      View Details
    • Contact for pricing
      12,120 SF

      Renovated Occupied Property For Sale

      Recently renovated, fully occupied commercial property with interstate visibility.
      1770 Dori Way, Carson City, NV 89706
      View Details
    • Contact for pricing

      Carson City Industrial Flex Space

      Industrial flex space available for sale in Carson City, Nevada.
      3123 Research Way, Carson City, NV 89706
      View Details
    • Contact for pricing
      23,540 SF

      Insulated Metal Panel Warehouse

      23,540 SF insulated warehouse near Carson City Airport.
      2401 Arrowhead Dr, Carson City, NV 89706
      View Details
    • Contact for pricing
      24,674 SF

      Mound House Warehouse For Rent

      24,674 SF warehouse with transportation access and expansion potential.
      10117 Us Highway 50 E, Mound House, NV 89706
      View Details
    • $4,480,000
      2.59 Acres

      Carson City Industrial Property

      24,750 SF Warehouse, $4.48M
      2800 Arrowhead Dr, Carson City, NV 89706
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Carson City Commercial Space Available

      Mixed-use commercial space for rent in Carson City, Nevada.
      3735 N Carson St, Carson City, NV 89706
      View Details
    • Contact for pricing
      2,100 SF

      Carson City Warehouse Space Available

      3,000 square foot warehouse space for rent in Carson City.
      3094 Research Way, Carson City, NV 89706
      View Details
    • Contact for pricing
      15,675 SF

      Carson City Warehouse Space Available

      15,675 SF warehouse with full air conditioning for lease.
      4022 Technology Way, Carson City, NV 89706
      View Details
    • Contact for pricing
      3,600 SF

      Mound House Warehouse Space Available

      Industrial warehouse space featuring multiple grade-level doors and ample power.
      79 Carry Way, Mound House, NV 89706
      View Details
    • Contact for pricing
      2,200 SF

      Carson City Industrial Space Available

      Industrial space for lease with flexible M1 zoning.
      31 Carry Way, Carson City, NV 89706
      View Details
    • Contact for pricing

      31 Carry Way, Mound House, NV 89706

      Warehouses
      31 Carry Way, Mound House, NV 89706
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    29 Hillside Dr
    Mound House, NV 89706-7442
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    29 Hillside Dr, Mound House, NV, 89706
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!