Property profile

3250 Ruby Vista Dr Elko, NV 89801

FOR SALE
Industrial land
Property ID
US62-0531738
5.75 ac lot
Trust Owned 19-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 5.74-acre commercial land parcel presents a unique investment opportunity in Elko, Nevada. Located at 3250 Ruby Vista Drive, this property boasts a highly desirable location directly across from FedEx, offering excellent visibility and accessibility. The parcel is conveniently situated near Interstate 80, exit 303, ensuring easy access for businesses and employees. Currently zoned for I/C (Industrial/Commercial) use, the seller has initiated the zoning change process, streamlining the path to development. Surrounded by existing infrastructure and utilities, this lot is ready for immediate development. The property's APN is 001-562-006. The asking price for this strategically positioned land is $665,000. Its proximity to major transportation routes and established businesses makes it an ideal location for a variety of commercial ventures. The expansive lot size provides ample space for large-scale projects, while its prime location ensures high visibility and accessibility. Don't miss this chance to acquire a highly sought-after commercial property in a rapidly growing area. This is a rare opportunity to secure a significant piece of Elko's commercial landscape.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 5.75 ac (250,383 SF)
Zoning code ZC
APN 001-562-006
UPID US62-0531738

Cap rate & NOI

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

Location

3250 Ruby Vista Dr Elko, NV 89801
Elko metro Census 950702 ELKO, NV MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2007
5 recorded transactions
2007
Price N/A
2007
Price N/A
2007
Price N/A
2006
Price N/A
2005
$96,300

Zoning & alternative use

ZC · Elko, 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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