28
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$3,500,000
Est. payment /mo
173 Acres Lot
Active
4900 HWY 95A Silver Springs, NV 89429
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250000125
Annual Tax Amount $1,635
Lot Size 173.000 Acres
Acres 173.0
Lot Dimensions 173.0
Property Description
OPPORTUNITY to invest in the Silver Springs area. This expansive 167.18-acre parcel comprises approximately 117.18 acres zoned for residential use and 50 acres designated for commercial development. The property boasts direct access to Highway 95A, including two entry points to the 56-acre commercial section and two separate lots on HWY 95A, enhancing its strategic value. Additionally, 75 acre-feet of water rights with Silver Springs Water are available under a separate contract., The region is experiencing significant growth, attracting major corporations to the nearby Tahoe Reno Industrial Center (TRIC). Notably, Tesla's Gigafactory Nevada, a lithium-ion battery and electric vehicle component factory, is located within TRIC. In 2023, Tesla announced a $3.6 billion expansion of the facility, adding four million square feet for Semi truck production and battery development, expected to create up to 3,000 new jobs upon completion.? The data center industry is also flourishing in the area. Switch has established a 130 MW data center at TRIC, with plans to expand to 650 MW on its 2,000-acre site, aiming to become the largest data center campus globally. Google has acquired 1,200 acres within TRIC for data center development, with construction underway since 2019. Additionally, Nova Data Centers announced plans to open a new data center in Storey County by late 2024, further solidifying the region's status as a data center hub. ?The area's infrastructure continues to improve, enhancing accessibility and appeal. The completion of the USA Parkway extension has reduced travel time between Silver Springs and TRIC, making the region more attractive to businesses and residents alike. ? This 167.18-acre parcel presents a prime investment opportunity, strategically located to capitalize on the region's rapid development and economic expansion.
Location
State NV
County Lyon
Zoning SF
Direction Hwy 95
Exterior
Utilities Available Sewer Not Available, Water Available, None
View Y/N Yes
View Desert
Building
Lot Description Level
Water Public
Schools
Elementary Schools Silver Springs
Middle Schools Silver Stage (Lyon)
High Schools Silver Stage (Lyon)
Others
Tax ID 1528117
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Listed by Coldwell Banker Select RE CC
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