006-050-10 Frontage Rd, Imlay, NV 89418

$165,000

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List Price
$165,000
Status
ACTIVE
MLS#
260013382
Days on Market
6
Acres
20.97
Lot Size
913,453

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.

Additional Information

Taxes
$64
Horses Okay
Yes
Utilities
None
View
Desert, Mountain(s), Valley
Elementary School
Lovelock
Middle School
Pershing
High School
Pershing

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Courtesy of Cody Maltzman and Call It Closed International Realty. Contact:

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Data last updated on 06/28/2017.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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