610 Industrial Way, Lovelock, NV 89419
sale
$335,000
|
Other
Courtesy Of Desert Acreage Svc, LLC
MINI-STORAGE, WAREHOUSE, FENCED YARDS 3100 SF mini-storage building (20 units) in central Lovelock. Separate 703 SF warehouse building with power, lighting, receptacles. Four newly constructed fenced outdoor storage areas suitable for rental. Lot size 14,518 SF. Located in unincorporated County area just outside city limits. Municipal water and sewer available. Industrial zoning. As of Dec 2025 the mini-storage units are 100 percent occupied, garage/workshop 100 percent, fenced yards 25 percent, and current total gross scheduled rental income is 2395/mo. Rental income potential of 2700+-/mo at full occupancy without rent increases, or 3000+/mo with increases to market rent levels. Cap rate approximately 7.5 percent based on current list price, current scheduled gross rental income, and trailing 12 month expenses; these figures result in a NOI calculation of 25,263+-, without rent increases. Please note the billboard in some photos is not included in the offering and does not provide income to the property. Offering Memorandum and Income Statement are available; please inquire. GPS 40.171292, -118.478511
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Property Features
- Age: 21-30 Years Old
- Amenities: Security System
- Exterior Type: Steel Frame
- Exterior Type: Steel Siding
- Floor Covering: Concrete
- Floor Covering: Varies
- Floors: 1
- MLSID: 250050748
- Roof Type: Metal
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