20 Martin DrMound House, NV 89706

Property Details for 20 Martin Dr

Year built

1973

Lot size

0.71 AC

Property size (Sq ft)

7,832 SF

Zone code

M1

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

016-243-10

APU

1624310

Description

This 7,544-square-foot industrial warehouse, located at 20 Martin Drive in Mound House, Nevada, presents a compelling investment opportunity. Built in 1973 and renovated in 2006, the property sits on a 0.71-acre lot and is zoned M-1. The warehouse features a total of one suite, with 2,500 square feet currently vacant. This presents a unique chance to lease or occupy a portion of this well-maintained space. The available space is a free-standing 1,200 square-foot unit, ideal for various industrial uses. The property's location in Lyon County, Nevada, offers convenient access to major transportation routes, making it an attractive option for businesses needing efficient logistics. The property's APN is 016-243-10, and the zip code is 89706. This is a multi-tenant property offering flexibility for various business needs. The building's age and recent renovation suggest a balance of character and modern functionality. The significant vacant space provides ample opportunity for expansion or customization to suit specific operational requirements. Serious inquiries are encouraged to explore this promising industrial property.

• CAP approach

  CAP return

  Valuation

  6%

  $1,938,043

  6.5%

  $1,788,963

  7%

  $1,661,180

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,779,847

  Geo Method

  $2,779,847

• Alternative Use

  Use

  Valuation

  Residential

  $1,788,963

  Hospitality

  $1,638,680

  Educational

  $1,363,363

  Medical

  $1,410,251

  Retail

  $2,120,786

Location Insight

City

Mound House

County

Lyon

State

Nevada

Latitude

39.2122

Longitude

-119.667

CBSA code

22280

CBSA name

FERGUS FALLS, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].