0 Tabrizi - Future Dayton Valley Commons Apartments
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0 Tabrizi - Future Dayton Valley Commons Apartments
1.48 Acres of Residential Land Offered at £938,158 in Dayton, NV 89403
Investment Highlights
- Multifamily Development For 22 Apartment Units
- Expensive Water Rights in Place
- Utilities to the Site
- High Demand Dayton, NV Location
Executive Summary
Dayton Valley Commons is a 1.479 +/-acre multifamily development opportunity in Dayton, NV ready for development. The parcels have
utilities, water rights, and is ready for up to 22 units. The four lots create a cul-de-sac located just off of Dayton Valley Road. The site
is within walking distance to Dayton Valley Intermediate and High School. Water rights in Lyon County are very expensive and difficult
to obtain. This parcel has 15.4 acre feet of water rights. With 0.7 acre feet needed per unit to develop, this opportunity is ready to pull
permits. Current estimated value of the water rights alone is between $300,000 to $400,000 +/-. One item to note is that the existing water rights for the property “run with the land”. The water rights may not be stripped from the parcels to be used elsewhere. Any unused
water rights revert to another party who was required to restore the rights to comply with an old legal filing. The current plans call for
2 and 3 bedroom apartments all of which would include garages.
utilities, water rights, and is ready for up to 22 units. The four lots create a cul-de-sac located just off of Dayton Valley Road. The site
is within walking distance to Dayton Valley Intermediate and High School. Water rights in Lyon County are very expensive and difficult
to obtain. This parcel has 15.4 acre feet of water rights. With 0.7 acre feet needed per unit to develop, this opportunity is ready to pull
permits. Current estimated value of the water rights alone is between $300,000 to $400,000 +/-. One item to note is that the existing water rights for the property “run with the land”. The water rights may not be stripped from the parcels to be used elsewhere. Any unused
water rights revert to another party who was required to restore the rights to comply with an old legal filing. The current plans call for
2 and 3 bedroom apartments all of which would include garages.
Property Facts
| Price | £938,158 | Property Subtype | Residential |
| Sale Type | Investment | Total Lot Size | 1.48 AC |
| No. Lots | 1 | Cross Streets | Dayton Valley Road |
| Property Type | Land |
| Price | £938,158 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.48 AC |
| Cross Streets | Dayton Valley Road |
1 Lot Available
Lot
| Price | £938,158 | Lot Size | 1.48 AC |
| Price Per AC | £633,890 |
| Price | £938,158 |
| Price Per AC | £633,890 |
| Lot Size | 1.48 AC |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £11,643 | Total Assessment | £11,643 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£11,643
Improvements Assessment
£0
Total Assessment
£11,643
zoning
| Zoning Code | NR2 |
| NR2 |
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0 Tabrizi - Future Dayton Valley Commons Apartments
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