The Esmeralda Ranch — Sale in Washoe Valley, NV

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Washoe Valley, NV 89704

Photos

The Esmeralda Ranch — Sale in Washoe Valley, NV, photo 1 of 2
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Investment Figures

Cap rate
3.67%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

145 Esmeralda Drive is a unique mixed-use property comprised of two buildings situated on a 2.13-acre parcel in scenic Washoe Valley, Nevada. Zoned Low Density Suburban (LDS), the site accommodates low-density residential as well as light commercial uses. To top it off - the property enjoys views of the Sierra Nevada mountains to the west, and the Virginia Range to the east. The existing improvements are turnkey and provide a rare combination of investment income and owner-user flexibility. Although currently configured as a single parcel, the two buildings are positioned to create semi-private, 1+ acre settings that can function largely independent of one another. The first building is a 2,400 SF wood-frame structure constructed in 1996. It is currently leased to a childcare operator and includes a residential component that allows the tenant to live on-site. The property also benefits from a cell tower lease that generates passive income, which will transfer with the sale. The second building is a 4,000 SF masonry and metal structure originally built in 2001. Current ownership has extensively renovated the property with high-end finishes to include a 3-bedroom, 2-bath residence and lounge area, complemented by an attached 2,200 SF shop. The grounds are fully improved with concrete and paved surfaces, landscaped yard areas, a water feature, detached storage shed, and more. Offered vacant at closing, this building presents an exceptional opportunity for an owner-user, live/work occupant, weekend retreat, or potential small-event venue. Centrally located between Reno and Carson City, Washoe Valley has retained its rural, ranch-oriented character, yet is just minutes from the region's major employment and population centers. The property offers a compelling blend of privacy, functionality, and accessibility, with easy access to surrounding markets such as Reno, Sparks, Carson City, and Gardnerville. Potential users include contractors, landscapers, automotive enthusia

Market Context

This retail in Washoe Valley, NV is listed for sale. It is offered at an approximate 3.7% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Washoe Valley, NV — view the full market.

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