INDUSTRIAL OR FARM by INTERSTATE HIGHWAY 80 - Northern Nevada on Humbolt River
Category:business/commerical
From: Feb-04 2010 - To: Mar-06 2010 [Expired]
USD: $2550000

no offer
Visits: 146
Seller:
Rick Comstocky

Nevada, USA
Description

110 acres 104 water shares
Zoned Industrial
1/2-3/4 mile of frontage on I-80, State Highway & Rail Road frontage on West side of property & South side access road with utilities.

Near two freeway interchanges (on and off ramps):
a. Northeast, right at entrance of town is 1.8 miles away
   Business center of town is approx 1.5 miles further northeast

b. Southwest interchange is approx 9 miles away in the country
c. Both directly connect to the service road that parallels the freeway.

Excellent for future distribution center with rail spur &/or full service truck stop &/or golf course.

100% in production which in the last 5 years yielded $20-45k/year.

TERMS
if a JV then willing to go up to 49% of entire property.
Could consider taking out an agricultural loan @3-5% if the investor wishes to do so..... also will have to structure a new LLC. in Nevada for tax advantages.
 

WATER RIGHTS
Well(s)
1. Can drill wells have one on the property unit #5, however
     not sweet water, high mineral content in it... better to use
     city water or agricultural water from River.
 
2. Agricultural gravity flow from River;
    1 water share = 3 acre feet max
   (allocation is based on water stored in Dam)
    This water is allocated only for agricultural use, no pumping
    cost & paid for in property taxes @$5,750 on WFarm
    & @$4,100 on Hwy Farm.
 
3. City drinking water is too expensive to use for agricultural
   watering, however we do have (2) City Water meters in &
   extended to the back of the properties, in order to supply
   water to cattle, sometimes emergency water to crops &
   future homes, will need additional water meters.
 
 
HAY/ALFALFA PRODUCTION
 
Approximately 4-6 tons/acre ..... average 5 tons per acre;
Specialize in big 1 ton bales for the dairy cattle; Nevada is known for top quality Alfalfa; better than Calif.
 
We do not bail small bails, however we can do so for special orders to horse/small cattle farmers

Email: VidProp@gmail.com

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Listed price: USD $2550000
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