Montello, NV 89830(Elko County)

* Natural slope characteristics provide opportunities for terraced development and strategic building placement to maximize views.

* Direct road access from multiple sides ensures excellent year-round accessibility, enhancing development potential and property value.

* Dual zoning for both agricultural and residential use offers maximum flexibility for future development scenarios.

* Prime location for RV placement and camping facilities, capitalizing on Nevada's growing outdoor tourism market.

* Mobile home placement permitted, allowing for immediate income generation through alternative housing options.

Property Details:

APN: PF 011-108-089

Size: 2.06 acres

Location: Elko County, Nevada

Subdivision: Sunland Acres 4

Possible Uses: Residential development, agriculture, RVs, mobile homes, camping, ATVs

Nearby Attractions: Window Arch; View Point Tower; Bonneville State Park; Wendover Viewpoint; Twin Falls City Park; Sun Tunnels; The Tree Of Utah; Art Alley; Balanced Rock Park; Legal Graffiti Wall; Herrett Center; And Many More.

Purchase Information:

$100 Down, $249 Doc, $150/month for 70 months

From an investment perspective, this property stands out for its exceptional corner lot position. Corner lots typically command premium values due to their enhanced visibility, multiple access points, and increased development flexibility. This strategic positioning, combined with dual agricultural and residential zoning, provides investors with numerous paths to value appreciation.

The property's location in the foothills, complemented by its impressive mountain views, positions it well for future value appreciation. As developable land with mountain views becomes increasingly scarce in Nevada, properties like this one typically command premium values. The elevated position and natural slope of the land create opportunities for terraced development that could maximize these views, potentially increasing property value.

A significant advantage for investors is the availability of an adjacent parcel. This presents opportunities for land assembly, potentially enabling larger-scale development projects or providing additional flexibility in development planning. Land assembly strategies often lead to enhanced property values, as larger parcels typically command premium prices per acre and offer more development options.

The direct road access from multiple sides represents another valuable asset, eliminating the need for costly access development and ensuring year-round accessibility. This feature is particularly important for commercial agricultural operations, residential development, or recreational uses, all of which require reliable transportation access. The corner location enhances this advantage by providing multiple entry points and increased frontage.

While the current vegetation status is unknown, this actually presents an opportunity for investors. The ability to start with a relatively blank canvas allows for strategic planning of landscaping and development that aligns with the highest and best use of the property. This flexibility can be particularly valuable when planning for specific target markets or development types.

The property's agricultural zoning opens up numerous possibilities for commercial farming, ranching, or agribusiness ventures. As food security and local agriculture gain importance, agricultural land in accessible locations often appreciates in value. The agricultural designation also typically comes with tax advantages that savvy investors can leverage.

The residential zoning component adds another layer of investment potential. The property can be developed for traditional single-family homes, or, importantly, it's suitable for mobile homes and RV placement. This flexibility allows investors to respond to various market demands and potentially generate faster returns through alternative housing options.

The suitability for RVs and camping is particularly noteworthy from an investment standpoint. With outdoor recreation and tourism growing in Nevada, properties that can accommodate recreational vehicles and camping facilities often see strong demand. The corner location makes it especially attractive for these uses, providing easy access and high visibility for potential customers.

Mobile home placement capability adds another dimension to the investment potential. With housing affordability becoming an increasingly important issue, properties that can accommodate alternative housing options often see strong demand. The ability to quickly set up mobile homes could provide relatively quick income generation while maintaining longer-term development options.

From a market perspective, Elko County continues to show promise for real estate investors. The region's diverse economy, supported by mining, agriculture, and tourism, provides multiple drivers for property value appreciation. The county's pro-business environment and reasonable regulations make it attractive for various development projects.

The 2.06-acre size is particularly attractive from an investment standpoint. It's large enough to accommodate various development scenarios while remaining manageable in terms of carrying costs and maintenance requirements. This size also hits a sweet spot in terms of market demand, being suitable for both individual users and small-scale commercial development.

Looking at longer-term potential, several factors support the investment thesis for this property. Nevada's population growth, combined with increasing demand for rural properties with recreational potential, suggests continued appreciation potential. The property's multiple use options provide flexibility to adapt to changing market conditions and maximize returns.

The sloped terrain, while requiring some additional consideration for development, can actually enhance property value. Skilled development can utilize the natural topography to create distinctive features, maximize views, and potentially command premium prices. The slope also provides natural drainage, potentially reducing development costs.

For investors considering phased development, the property offers excellent flexibility. Initial uses such as RV spaces or camping facilities could generate income while holding the property for future development. The agricultural zoning allows for interim agricultural uses that could provide tax benefits during the holding period.

The corner location provides unique advantages for commercial visibility and access. Whether developed for residential, agricultural, or recreational use, the enhanced exposure and multiple access points can add significant value to the property. This positioning is particularly advantageous for uses that benefit from visibility, such as RV parks or commercial agricultural operations.

This 2.06-acre corner parcel represents a strategic investment opportunity in one of Nevada's promising markets. The combination of location, zoning flexibility, and development potential positions this property well for both current income generation and long-term appreciation. For investors seeking to diversify their real estate portfolio with raw land that offers multiple value-generating options, this Elko County property warrants serious consideration.