6-31A-029

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6-31A-029

Elko, NV 89801
Asking Price
$50K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • This land parcel spans 4.23 acres in Elko, Nevada.
  • The property is currently offered at an asking price of $50,000.
  • Elko serves as a vital logistics and mining industry hub.
  • The location is positioned near the major Interstate 80 corridor.
  • This site is suitable for diverse commercial or industrial development.

What's Special

Development of this 4.23-acre land parcel in Elko, Nevada, offers a practical expansion or investment project within this regional hub. Situated at coordinates 40.8315, -115.7594, the site provides substantial acreage for various commercial or industrial applications that support the local economy. Elko serves as a key center for the mining industry and logistics in northeastern Nevada, benefitting from its position along the Interstate 80 corridor. This connectivity ensures consistent transit flow across the Great Basin and makes the area a functional choice for businesses requiring space for operations, storage, or future growth. Investors and developers will find the site size accommodating for projects needing significant surface area. The parcel represents an entry point into a steady market known for its resource-driven economic foundation and high demand for functional real estate. Local business owners and industrial operators looking to anchor their presence in a well-established Nevada submarket may utilize this site to fulfill specific operational requirements or as a long-term land holding strategy.

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NOI
$80,000
Cap Rate
160.00%
DSCR
26.95
Strong
Cash-on-Cash
513.54%
Monthly Payment
$247.373
Annual Cash Flow
$77,031.527

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