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$165,000
Est. payment /mo
20.97 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260013382
Annual Tax Amount $64
Lot Size 20.970 Acres
Acres 20.97
Lot Dimensions 20.97
Property Description
PRIME INTERSTATE 80 HOSPITALITY & COMMERCIAL DEVELOPMENT OPPORTUNITY Strategically Positioned in Northern Nevada's Expanding Mining and Transportation Corridor An exceptional opportunity to acquire and develop a strategically located commercial property in the Imlay area of Pershing County, Nevada, with direct road access along the Interstate 80 corridor connecting Reno, Lovelock, Winnemucca, and Northern Nevada's major mining districts. Positioned within a region supported by gold and silver mining, industrial activity, freight transportation, and expanding mineral exploration with tens of millions of dollars being spent in the Eugene Mountains, right behind this property, this 20.97+/- acre property offers the potential to establish a multi-use hospitality and commercial destination serving both interstate travelers and the region's industrial workforce. The property is for a development that could consist of (1) a branded hotel accommodating business travelers, mining professionals, contractors, and interstate guests, (2) a free standing restaurant, (3) a value-oriented motel accommodating overnight travelers and extended-stay industrial/mining work crews, and (4) a self-storage facility STRATEGIC HOTEL MARKET POSITION Imlay occupies a distinctive position between two established Interstate 80 lodging markets: Southwest toward Lovelock: Approximately 37 miles to established hotel accommodations. Northeast toward Winnemucca: Approximately 29-30 miles to established hotel accommodations. Although smaller lodging options are listed in the immediate Imlay area, larger established hotel markets are located in neighboring communities. This geographic separation can offer an opportunity to capture interstate, mining-related, and contractor lodging demand. MULTIPLE POTENTIAL REVENUE STREAMS The development concept is designed to diversify income through traditional hotel operations, economy lodging, food and beverage services, and self-storage rentals. Potential customer segments include mining personnel, exploration contractors, engineering teams, construction workers, logistics operators, commercial travelers, outdoor recreation visitors, and motorists traveling Interstate 80. This compelling opportunity to evaluate a new hospitality and commercial destination in the heart of Northern Nevada's mining and transportation corridor. Seller is heavily invested in out-of-state development projects and is offering this property for immediate sale. Image is a conceptual design of a proposed use. Parcel boundaries, acreage, zoning, entitlements, highway access, utility capacity, development density, and financial feasibility are subject to independent verification and governmental approvals. No existing development approvals or future operating performance are represented or guaranteed. Buyer to perform all due-diligence and self verify property and Buyer's preferred use. Please Photo of proposed build opportunity in documents.
Location
State NV
County Pershing
Zoning Commercial Vacant Land
Direction Exit main town of Imlay exit, due west and left on frontage road.
Exterior
Utilities Available None
View Y/N Yes
View Desert, Mountain(s), Valley
Building
Lot Description Level, Open Lot, Pasture
Water Well Needed
Schools
Elementary Schools Lovelock
Middle Schools Pershing
High Schools Pershing
Others
Tax ID 006-050-10
Acceptable Financing 1031 Exchange, Cash, Owner May Carry
Listing Terms 1031 Exchange, Cash, Owner May Carry
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Listed by Call It Closed International Realty
Nearby Locations
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