For Sale
$1,199,000

0 Tabrizi CtDayton, NV 89403

1.5-acre multifamily development site

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 1.479-acre parcel in Dayton, NV, presents a prime multifamily development opportunity. Zoned NR2, this property boasts existing utilities and significant water rights (15.4 acre-feet), a crucial and expensive asset in Lyon County, estimated at $300,000-$400,000. The four lots, forming a cul-de-sac off Dayton Valley Road, are ideally situated for up to 22 apartment units (plans envision 2 and 3-bedroom units with garages). The water rights are "run with the land," ensuring their permanence with the property. Dayton's strategic location, near Carson City and the Tahoe Reno Industrial Center, fuels high housing demand, further enhanced by the recent opening of a large WebstaurantStore distribution center. The site's proximity to Dayton Valley Intermediate and High School adds to its appeal. This is a turnkey opportunity, ready for permit applications, offering substantial value and strong potential for return. APN: 016-271-34, 35, 36, 37. Asking price: $1,199,000.

Highlights

  • 1.479-acre multifamily development site in Dayton, NV, approved for up to 22 units.
  • Existing utilities on-site.
  • Significant water rights (15.4 acre-feet) included, valued at $300,000-$400,000.
  • High-demand location near Carson City and Tahoe Reno Industrial Center.

Property Details for 0 Tabrizi Ct

Property type
Land
Lot Size (sq. ft)
64,425 SF

Location Insight

City
Dayton
County
Lyon
State
Nevada
Latitude
39.237348221768
Longitude
-119.59228519641
Tabrizi Ct, Dayton, Nevada

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0 Tabrizi Ct
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