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US Highway 50 - Northern Nevada Industrial Center - Phase I

1,100 Acres of Industrial Land Offered at $239,580,000 in Silver Springs, NV 89429

Industrial Land Nevada Silver Springs US Highway 50, Silver Springs, NV 89429

Investment Highlights

  • Excellent state incentives with no state or corporate income tax and no personal income tax.
  • The site was selected as an Opportunity Zone and is surrounded by an educated, expanding, and cost-effective workforce.
  • Build-to-suits are available, and the site boasts a superior fiber-optic network.
  • Businesses benefit from low shipping and drayage costs plus dependable, competitive energy.

Executive Summary

NNIC has fast-tracked building permits and a development agreement approved with Lyon County. The site benefits from no corporate, personal, or unitary tax and is a fully entitled, master-planned development. Phase I is an industrial area of over 1100 developable acres to accommodate up to eight million square feet. The site is zoned as PUD, Pre-Approved Commercial and Industrial Uses, and has water, sewer, and gas utilities. NNIC provides features to support a range of industries. Data centers benefit from the many large, remote locations that are available. Manufacturers can rely on the location, workforce, and connectivity for a more profitable business. Distribution and logistics companies are provided with a solid transportation backbone that connects NNIC to the nation and the world. NNIC has been designated as an Opportunity Zone.
Opportunity Zones are a new community development program established by Congress to encourage long-term investments in low-income urban and rural communities nationwide. The program offers three main tax incentives for investing in low-income communities: temporary deferral, stepped-up basis, and permanent exclusion. The property is priced far below comparable land in the area.

Offering Memorandum Click Here to Access

More Attachments

NNIC DECK - MARKETING - HQ

Data Room Click Here to Access

Property Facts

Price $239,580,000 Property Subtype Industrial
Sale Type Investment or Owner User Proposed Use
Commercial
  • Industrial Park
Sale Conditions
Build to Suit
  • Bulk/Portfolio Sale
  • Lease Option
 Total Lot Size 1,100.00 AC
No. Lots 1 Cross Streets USA PKWY
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $239,580,000
Sale Type Investment or Owner User
Sale Conditions
Build to Suit
  • Bulk/Portfolio Sale
  • Lease Option
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial Park
Total Lot Size 1,100.00 AC
Cross Streets USA PKWY
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price $239,580,000 Lot Size 1,100.00 AC
Price Per AC $217,800
Price $239,580,000
Price Per AC $217,800
Lot Size 1,100.00 AC

Phase I of the Northern Nevada Industrial Center consists of all or part of 1,100-acres of industrial land under development. Located just south of the Tahoe Reno Industrial Center (Tesla Gigafactory).

Description

The 20,000-acre Northern Nevada Industrial Center (“NNIC”) is a noteworthy option for site selectors to consider. The opportunity at NNIC includes an accelerated planning and building process recently approved by Lyon County in December 2017. Like the neighboring TRI-Center and Tesla Gigafactory, NNIC presents a value proposition for small and large users. The Northern Nevada Market has limited industrial land supply and increasing costs. Excellent access to USA Parkway and US Highway 50 provides easy shipping, allowing the entire county to reach within three days. The surrounding area offers an expanding and educated workforce with over 8,600 residents in the surrounding 10 miles, expected to grow more than 2% in the next five years. The surrounding region, including the Reno and Carson City metro areas, presents a private job market that boasts industry shares of 11.1% manufacturing and 8.1% transportation and warehousing, ensuring the availability of a skilled labor pool.

Links

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DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
San Francisco
883,305
260
5 h 12 m
San Jose
1,030,119
293
5 h 50 m
Las Vegas
644,644
397
7 h 40 m
Los Angeles
3,990,456
458
9 h 37 m
San Diego
1,425,976
534
11 h 9 m
Portland
653,115
587
11 h 41 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
7,902
Total Labor Force
3,267
Unemployment Rate
6.89%
Median Household Income
$55,656
Warehouse Employees
630
High School Education Or Higher
83.60%

PROPERTY TAXES

Parcel Numbers
Multiple
  • 015-011-10
  • 015-011-05
 Improvements Assessment $0
Land Assessment $197,477 Total Assessment $197,478

PROPERTY TAXES

Parcel Numbers
Multiple
  • 015-011-10
  • 015-011-05
Land Assessment
$197,477
Improvements Assessment
$0
Total Assessment
$197,478

zoning

Zoning Code PUD
PUD

Sale Advisor

Sale Advisor
(702) 416-0104
Contact
Keith Oesterling, Realtor
(702) 416-0104
Contact
In September 2017 Keith joined LDA Realty as a licensed brokerage associate. He is currently working with Danyel Brown specializing in retail and industrial development. Keith was born and raised in Las Vegas, Nevada. He began his career in real estate by working side by side with a successful commercial real estate investor in the Las Vegas area prior to joining LDA Realty.
(775) 526-3831

Contact

  • Listing ID: 13839014

  • Date on Market: 9/20/2018

  • Last Updated:

  • Address: US Highway 50, Silver Springs, NV 89429

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VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

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US Highway 50, Silver Springs, NV for sale Building Photo- Image 1 of 13
NNIC DECK - MARKETING - HQ. - Cover Pagepdf
US Highway 50, Silver Springs, NV for sale Site Plan- Image 2 of 13
PLOT - MASTER SITE PLAN_Page_1
US Highway 50, Silver Springs, NV for sale Building Photo- Image 3 of 13
NNIC PHASE 1 2020-04-02
US Highway 50, Silver Springs, NV for sale Building Photo- Image 4 of 13
Northern Nevada Industrial Center
US Highway 50, Silver Springs, NV for sale Building Photo- Image 5 of 13
Northern Nevada Industrial Center
US Highway 50, Silver Springs, NV for sale Building Photo- Image 6 of 13
Northern Nevada Industrial Center
US Highway 50, Silver Springs, NV for sale Building Photo- Image 7 of 13
Northern Nevada Industrial Center
US Highway 50, Silver Springs, NV for sale Building Photo- Image 8 of 13
Northern Nevada Industrial Center
US Highway 50, Silver Springs, NV for sale Building Photo- Image 9 of 13
Northern Nevada Industrial Center
US Highway 50, Silver Springs, NV for sale Building Photo- Image 10 of 13
Northern Nevada Industrial Center
US Highway 50, Silver Springs, NV for sale Building Photo- Image 11 of 13
Northern Nevada Industrial Center

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US Highway 50 - Northern Nevada Industrial Center - Phase I
(775) 526-3831 x

US Highway 50 - Northern Nevada Industrial Center - Phase I

Keith Oesterling

(775) 526-3831

(775) 526-3831

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