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189 1st St Unit Lot 1, Wells
$29,000
260012251 MLS
Unique Investment & Development Opportunity in Wells, Nevada Take advantage of a unique opportunity to create two income-producing properties on one parcel in Wells, Nevada. This price is for Lot 1. New Parcel number TBD. The seller has had the property surveyed and is working toward splitting the parcel into two separate lots, with the engineer's work and final City approval still pending. The seller's proposed plan is to build a duplex on each lot, potentially creating four residential units in total. This could provide an owner-occupant the opportunity to live in one unit while generating rental income from the additional unit(s), or offer an investor the potential for multiple income-producing units. With today's financing options, qualified buyers may be able to use a portion of anticipated rental income when qualifying for certain owner-occupied investment loans, subject to lender guidelines, appraisal, lease/rental documentation and other requirements. The property is ideally situated on a corner lot directly across from a preschool. Water is already on the property, with power and sewer available at the street, offering valuable infrastructure for future development. Whether you're looking to build your own home with additional rental income, create a multi-unit investment property, or capitalize on the growing need for housing in Wells, this property offers flexibility and significant potential. The proposed two-lot subdivision and duplex development are subject to engineering, City of Wells approval, zoning, building requirements, utility requirements and all applicable governmental approvals. Buyer to independently verify development potential, permitted uses, utilities, financing options and rental-income qualification with the appropriate authorities and lender.

189 1st St Unit Lot 1, Wells

189 1st St Unit Lot 2, Wells
$29,000
260012250 MLS
Build-to-Income Opportunity in Wells, Nevada Lot 2 offers an excellent opportunity to build a new duplex with the potential for both homeownership and rental income in Wells, Nevada. The seller's development concept is to construct a duplex on this lot, giving a future owner the option to live in one unit while renting the other, or to use both units as an investment property. The property is located on a corner with convenient access and is directly across from a preschool. Water is on the property, with power and sewer available at the street, providing valuable utility infrastructure for future construction. For a qualified buyer, rental income from the second unit may be considered by certain lenders when determining loan qualification, subject to the lender's specific requirements, appraisal, rental-income guidelines and other financing conditions. This creates the potential to offset a portion of the cost of owning a new home while building long-term rental income. The seller has completed the survey as part of the planned subdivision, with the engineer's work and final City of Wells approval still pending. This is an opportunity to secure a residential building site with a thoughtful income-producing concept already envisioned. Buyer to verify all zoning, permitted uses, duplex requirements, lot configuration, utility availability, subdivision status, building requirements and City approvals. Proposed development and rental-income potential are subject to all applicable governmental approvals and lender requirements.

189 1st St Unit Lot 2, Wells

1120 Hacienda Ranch Rd, Wells
$5,000,000
260002949 MLS
Exceptional industrial opportunity featuring 24,200 square feet on 9.28 acres, zoned Industrial and built in 2006. Previously operated as a controlled-environment cultivation facility, the property is equipped with substantial electrical capacity and extensive cooling infrastructure, making it well suited for data centers, food processing, indoor agriculture, advanced manufacturing, research operations, or other power-intensive uses. The two-level building offers a flexible layout with significant office, production, and storage space, allowing for efficient operations and the ability to accommodate a variety of industrial needs. The 9.28-acre parcel provides ample yard space for equipment storage, fleet parking, outdoor operations, or future expansion. Industrial zoning and existing infrastructure make this a strong option for businesses seeking high-capacity power, climate-controlled environments, and scalable industrial space. A rare opportunity to acquire a large industrial facility with specialized infrastructure already in place, reducing the time and cost typically required for similar build-outs. Power transformer box on the property reflects 7.2/14.4k Volts/ 480, 3MW

1120 Hacienda Ranch Rd, Wells

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Data last updated on 06/28/2017.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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