12th Street

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12th Street

Elko, NV 89801
Asking Price
$2.00M
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Large-scale land parcel spanning 92.37 acres in Elko
  • Strategically situated in a primary regional economic hub
  • Positioned with convenient access to key transportation networks
  • Suitable for industrial, commercial, or infrastructure development projects
  • Offered for sale at a price of two million dollars

What's Special

This 92.37-acre land parcel located on 12th Street in Elko, Nevada, represents a substantial development site within the Great Basin region. Elko functions as a primary economic hub for northeastern Nevada, supported significantly by the regional mining industry, ranching, and logistics sectors. The expansive acreage provides versatility for various commercial, industrial, or mixed-use applications, benefiting from proximity to major transportation corridors that facilitate trade across the Intermountain West. Given the steady growth of the local population and the area's role as a service center for surrounding mining operations, this site serves as a strategic holding for investors or developers seeking to expand their operational footprint. The terrain allows for scalable project designs ranging from industrial storage facilities to large-scale infrastructure developments.

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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.909
Annual Cash Flow
$-38,738.905

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